Coopers Pond Duplex
1496 Hampton Place 2 Monticello, FL 32344
1496 Hampton Place 2, Monticello, FL, 32344
$410,000
For Sale
$410,000
Fully occupied duplex in Coopers Pond, Monticello, Florida.
Property Size2,311 SF
Price / SF$177.41
Days on Market641
Property Features for 1496 Hampton Place 2
General Information
- Standard status
- Active
- Size
- 2,311 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2003
Listing Agency
Shamrock Professionals Realty
(850) 228-2100
Listed by
Jacqueline Austin · License #3156480
Source
Exitrealty
Added: Oct 16, 2024 Checked: Jul 17 at 4:01 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Shamrock Professionals Realty
Investment Insights
Based on property information with market context.
This is an investment opportunity located in the Coopers Pond Community near I-10 East. The property is a fully occupied duplex with two units, each featuring 3 bedrooms and 2 full bathrooms. This income-producing property is situated in a growing renters market with growth potential. The property is well-maintained and features a new roof installed in 2024, ceramic tile floors throughout, a partially fenced backyard, and a patio. It is located on a large lot with ample parking space. The property size is 2311 square feet.
Key Highlights
- Immediate income‑producing duplex in a growing renters market.
- New roof installed in 2024.
- Located in the desirable Coopers Pond Community near I‑10 East.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.4k | $16.20 |
| − Vacancy | −$2.8k | −$1.23 |
| EGI | $34.6k | $14.97 |
| − OpEx | −$10.4k | −$4.49 |
| NOI | $24.2k | $10.48 |
2,311 SF · lease $16.20/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$345.9K
$302.7K – $403.6K
NOI $24,215 @ 7.0% cap · market cap 5.91%
Second Best
Apartment 5plus
$300.7K
$263.1K – $350.8K
NOI $21,049 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$566.6K
$495.7K – $661.0K
NOI $39,659 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Fully occupied duplex in Coopers Pond, Monticello, Florida.
Where is this duplex located?
The property is located at 1496 Hampton Place 2 Monticello, FL.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Immediate income‑producing duplex in a growing renters market.; New roof installed in 2024.; Located in the desirable Coopers Pond Community near I‑10 East.
