2801 Chancellorsville Drive 131, Tallahassee, FL 32312
Turnkey property in gated community with resort-style amenities and AAA schools.
- Added:
- May 16, 2024
- Days on Market:
- 785
- Last Refresh:
- Jun 28 at 3:29 pm
Property Features for 2801 Chancellorsville Drive 131
General Information
- Standard status
- Active
- Size
- 1,525 SF
- Lot size
- 0.25 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2004
Listing office Joe Manausa Real Estate (850) 363-7294
Listing date May 16, 2024
Source Exitrealty
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All listing content including descriptions, pricing, images are the copyrighted material of Joe Manausa Real Estate
HighLights
- Seller pays 1 year of HOA dues at closing.
- Turnkey, updated property.
- Gated community with resort‑style amenities: pool, jetted spa, cooking grills, indoor basketball court, and gym.
- AAA school zones.
- Closest building to the clubhouse.
- Convenient location: within 3 miles of I‑10 and 1 mile from Bannerman Crossings.
Overview
Local Financial Insights For Apartment 5plus
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 | $27.5k | $18.00 |
| − Vacancy | −$2.2k | −$1.44 |
| EGI | $25.3k | $16.56 |
| − OpEx | −$11.4k | −$7.45 |
| NOI | $13.9k | $9.11 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.2269596
- Latitude
- 30.5493204