1042 Princess Gate Blvd · Goldenrod, FL 32792

$5,000

4 bd · 2.5 ba · 2,061 sqft · SingleFamily public records · 6 Days on market

Built 1981

---

Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• Schools +5.1/10.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +4.0/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Short Sale. Serious reduction! Pretty pool home * * Quiet mature neighborhood * * Good taste fills this beautifully maintained home ready for a new family. New Kitchen cabinetry & counter tops. Newer appliances * * Newer windows, air conditioner, electrical & plumbing * * New roof '06 * * Screened patio and summer kitchen has cooker & fridge. * * Garage turned into a bonus room * * Open & airy * * Great schools * * Terrific location in Winter Park, Seminole County * * Corner lot * * Newer ceramic tile * * Both baths have been remodeled * * Professional landscaped with fruit trees * * Home warranty * * Great Seminole County schools. Bank ordered BPO completed.

Key facts

• Garage
• Listed 6 days

Property features AI

Finance

• Other: Directions: Hwy 436 to Howell Branch, go East to Dike, then north to Princess Gate/Howell Estates

Exterior

• Parking: 1-car garage
• Home design: Residential property
• Exterior features: Lot size approximately 0.27 acre; Zoned residential

Interior

• Bathrooms: 2 full bathrooms
• Interior features: Single-story layout

🏷️ Possibly a rental listed for sale. The $5,000 price doesn't fit this home's estimated sale value (~$542,043) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $5k.

Deal economics

• At list price, monthly cash flow is $2k ($28k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $5k).
• Cap rate 567.2% vs local median 3.6% in Goldenrod — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 79/100 on livability (#138 in FL, #2,056 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, schools A-; Watch: employment D, amenities F.
• Seminole (suburban): math 57% / reading 61% proficiency, ranked #13 of 73 in FL (top 18%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+1.9%/yr); 275 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 1,979 units permitted in Seminole County in 2024 (1,191 in 5+ unit buildings).
• At $3,002/mo this rent would consume 52% of the median local household income ($69k/yr) (locally 3610% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $35 of loan paydown is wiped out by about $150 of value loss. Plan a longer hold.
• Seminole County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 1.9% rent growth), your $1k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $5,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
3. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 60.04% ✓
• Cap rate: 567.19%
• Cash-on-cash: 2003.21%
• DSCR: 90.13
• GRM: 0.1

CMA / ARV

• ARV (on-the-fly): $542,043
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1028 Princess Gate Blvd	0.12mi	5/2.0 (+1)	2,044 (-1%)	3mo	$440,000	$215	84
3167 Ash Park Loop	0.36mi	4/2.5	1,906 (-8%)	0mo	$470,000	$247	70
1221 Valley Creek Run	0.22mi	3/2.0 (-1)	1,916 (-7%)	4mo	$455,000	$237	68
1205 Valley Creek Run	0.26mi	3/2.0 (-1)	1,815 (-12%)	0mo	$450,000	$248	61
1931 Aster Dr	0.53mi	3/2.0 (-1)	2,031 (-2%)	6mo	$470,000	$231	60
1185 Valley Creek Run	0.33mi	3/2.0 (-1)	1,906 (-8%)	7mo	$501,000	$263	59
1489 Aster Ct	0.49mi	3/2.0 (-1)	2,227 (+8%)	1mo	$610,000	$274	56
1427 Lake Florence Way	0.64mi	3/2.0 (-1)	2,193 (+6%)	0mo	$635,000	$290	52
1543 Lawndale Cir	0.68mi	4/2.5	1,840 (-11%)	3mo	$430,000	$234	48
3568 Jericho Dr	0.57mi	3/2.0 (-1)	1,848 (-10%)	3mo	$489,000	$265	46
1174 Wildmeadow Run	0.74mi	3/2.5 (-1)	1,770 (-14%)	0mo	$610,000	$345	37
3552 Jericho Dr	0.68mi	3/2.0 (-1)	1,754 (-15%)	7mo	$475,000	$271	31

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.9% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 104.43×
• Total profit: $144,798
• Equity at exit: $746

10-year hold

• IRR: —
• Equity multiple: 218.68×
• Total profit: $304,747
• Equity at exit: $432

Cash invested: $1,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32792

• Rents YoY: 1.9%
• Active inventory: 275
• Price-to-rent: 0.1×

Monthly cashflow live

• Estimated rent: $3,002 high
• Mortgage (P&I): −$26
• Tax est. 1.5%: −$6 /mo · $75/yr
• Insurance: −$2
• HOA: −$0
• Vacancy / Maint / Mgmt: −$630
• Net cashflow: $2,337

Break-even live

Break-even rent $44

Max offer price $5,000

Occupancy floor 17%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $1,250
• Closing costs: $150
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2313 Dunbury Ct Winter Park, FL	3.0	2.0	1921	$1,200	$0.62	2d	1	0.66mi
1235 Verdant Glade Pl Winter Park, FL	4.0	3.5	2589	$4,500	$1.74	5d	1	0.66mi
1843 Shadyhill Ter Winter Park, FL	4.0	2.5	1891	$3,300	$1.75	24d	1	0.78mi
1351 Merrydale Way Winter Park, FL	3.0	2.5	1755	$2,975	$1.70	5d	1	0.93mi
2233 Shadowland Loop Winter Park, FL	3.0	2.5	2312	$2,900	$1.25	11d	1	0.94mi
1542 Sugarwood Cir Winter Park, FL	4.0	3.0	2130	$3,900	$1.83	24d	1	0.96mi
3841 White Birch Run Winter Springs, FL	5.0	3.5	1960	$2,500	$1.28	17d	1	1.05mi
3747 Okeechobee Cir Casselberry, FL	3.0	2.5	1591	$2,600	$1.63	24d	1	1.31mi
2887 Clever Ln Winter Park, FL	3.0	2.5	1907	$2,595	$1.36	24d	1	1.36mi
2817 Bright Bird Ln Winter Park, FL	3.0	2.5	1907	$2,800	$1.47	14d	1	1.37mi
3465 Balsam Dr Winter Park, FL	3.0	2.0	1535	$2,599	$1.69	24d	1	1.41mi
2760 Bright Bird Ln Winter Park, FL	3.0	2.5	1907	$2,675	$1.40	22d	1	1.43mi
991 Autumn Glen Ln Casselberry, FL	4.0	2.5	2102	$2,725	$1.30	17d	1	1.47mi
780 Ortona Ct Winter Springs, FL	4.0	2.0	1966	$2,700	$1.37	5d	1	1.48mi

Listing history 15 events

1. 2026-06-01
   days on market $5,000 Active 6 DOM
2. 2026-05-31
   days on market $5,000 Active 5 DOM
3. 2026-05-26
   listed $5,000 Active
4. 2010-09-13
   soldstatus $150,000
5. 2010-09-02
   soldstatus $150,000 705-char remark

   Show marketing remark (705 chars)

   Short Sale. Serious reduction! Pretty pool home * * Quiet mature neighborhood * * Good taste fills this beautifully maintained home ready for a new family. New Kitchen cabinetry & counter tops. Newer appliances * * Newer windows, air conditioner, electrical & plumbing * * New roof '06 * * Screened patio and summer kitchen has cooker & fridge. * * Garage turned into a bonus room * * Open & airy * * Great schools * * Terrific location in Winter Park, Seminole County * * Corner lot * * Newer ceramic tile * * Both baths have been remodeled * * Professional landscaped with fruit trees * * Home warranty * * Great Seminole County schools. Bank ordered BPO completed.

6. 2010-03-10
   listed $150,000 705-char remark

   Show marketing remark (705 chars)

   Short Sale. Serious reduction! Pretty pool home * * Quiet mature neighborhood * * Good taste fills this beautifully maintained home ready for a new family. New Kitchen cabinetry & counter tops. Newer appliances * * Newer windows, air conditioner, electrical & plumbing * * New roof '06 * * Screened patio and summer kitchen has cooker & fridge. * * Garage turned into a bonus room * * Open & airy * * Great schools * * Terrific location in Winter Park, Seminole County * * Corner lot * * Newer ceramic tile * * Both baths have been remodeled * * Professional landscaped with fruit trees * * Home warranty * * Great Seminole County schools. Bank ordered BPO completed.

7. 2006-07-24
   soldstatus $295,000
8. 2006-06-29
   soldstatus $300,000 985-char remark

   Show marketing remark (985 chars)

   Beautifully maintained home in move-in condition! Updated kitchen, baths, windows, a/c, electrical, plumbing and new roof installed in 2006. Screened porch with summer kitchen. Backyard paradise with gorgeous pool, waterfall and paver patio. Must see!Don't miss out on this well maintained Winter Park home! This beautiful home has been tastefully updated and is truly in move-in condition. New roof in March 2006, newer a/c, plumbing, electrical, insulation, windows, exterior and interior paint and more! Entertain your friends this summer on the screened porch complete with summer kitchen including Jenn-Air grill, sink, refrigerator, ice maker, and even a television! The backyard paradise offers a gorgeous, newer pool with waterfall, surrounded by brick paver pool deck. And, the lushly landscaped yard offers several varieties of citrus trees. Nice sized shed for lawn/garden and pool equipment. Truly a wonderful home for relaxing with friends and family or entertaining!

9. 2006-05-15
   listed $300,000 985-char remark

   Show marketing remark (985 chars)

   Beautifully maintained home in move-in condition! Updated kitchen, baths, windows, a/c, electrical, plumbing and new roof installed in 2006. Screened porch with summer kitchen. Backyard paradise with gorgeous pool, waterfall and paver patio. Must see!Don't miss out on this well maintained Winter Park home! This beautiful home has been tastefully updated and is truly in move-in condition. New roof in March 2006, newer a/c, plumbing, electrical, insulation, windows, exterior and interior paint and more! Entertain your friends this summer on the screened porch complete with summer kitchen including Jenn-Air grill, sink, refrigerator, ice maker, and even a television! The backyard paradise offers a gorgeous, newer pool with waterfall, surrounded by brick paver pool deck. And, the lushly landscaped yard offers several varieties of citrus trees. Nice sized shed for lawn/garden and pool equipment. Truly a wonderful home for relaxing with friends and family or entertaining!

10. 2006-02-01
    historical
11. 2005-11-02
    listed $300,000
12. 2004-06-28
    soldstatus $234,500
13. 2004-06-14
    historical
14. 2004-06-11
    listed $234,500
15. 2004-06-01
    soldstatus $234,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $36,025
• − Mortgage interest: −$280
• − Property taxes: −$75
• − Insurance: −$25
• − Repairs & maintenance: −$2,882
• − Management: −$2,882
• − Depreciation: −$145
• Taxable income: $29,735
• Est. tax owed @ 24.0%: −$7,136
• After-tax cash flow: $20,908/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Seminole
• NCES district ID: 1201710
• Math proficiency: 57% ▼ -7.00%
• Reading proficiency: 61% ▼ -1.00%
• Median HH income: $58,478
• Composite: 51.05/100
• National rank: #1769
• State rank: #13 of 73 in FL

Livability — Goldenrod

• Score: 79/100
• State rank: #138
• US rank: #2056

Category grades

Amenities F Commute A+ Cost of living B+ Crime A- Employment D Housing A+ Health & safety A- User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Orange County · 1,471,359 people
• City population: 52,794
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 52,976
• Household income: $69,200
• Rent vs Own: 52.0% rent · 48.0% own
• Severe rent burden: 3610.0

Population outlook (Seminole County) Hauer SSP2

• Today (2025): 515,494 people
• By 2030: 545,713 · +5.9%
• By 2040: 598,068 · +16.0%
• By 2050: 640,663 · +24.3%
• By 2075: 724,461 · +40.5%
• By 2100: 755,530 · +46.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: White 51% Hispanic / Latino 27% Two or more races 15% Black 12% Asian 5%
• Hispanic origin (detail): Mexican 2% Puerto Rican 11% Cuban 2% Dominican 1%
• Common ancestry: Romanian 2% Italian 2% Scotch-Irish 1%
• Foreign-born: 16% · Canada, Jamaica, Vietnam
• Languages at home: 74% English-only · Spanish 19% Other Indo-European 2% Russian/Polish/Slavic 1%

Political lean MEDSL · Seminole

• 2024 margin: Toss-up / Even · D 47.6% · R 51.1% · Other 1.3%
• 2008→2024 swing: -0.8pp no change · 2008: -2.8pp · 2024: -3.5pp
• All cycles: 2024: R+3.5 2020: D+2.8 2016: R+1.6 2012: R+6.5 2008: R+2.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -281.94%
• Current HPI: 351.1184
• Rent YoY: ▲ 1.90%
• Metro: Orlando-Kissimmee-Sanford, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-97.9% since first listed

13 events — show timeline

• 2026-05-26 Listed $5,000 NFMLS
• 2010-09-13 Sold (Public Records) $150,000 Public Records
• 2010-09-02 Sold (MLS) $150,000 Stellar MLS as Distributed by MLS Grid
• 2010-03-10 Listed $150,000 Stellar MLS as Distributed by MLS Grid
• 2006-07-24 Sold (Public Records) $295,000 Public Records
• 2006-06-29 Sold (MLS) $300,000 Stellar MLS as Distributed by MLS Grid
• 2006-05-15 Listed $300,000 Stellar MLS as Distributed by MLS Grid
• 2006-02-01 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2005-11-02 Listed $300,000 Stellar MLS as Distributed by MLS Grid
• 2004-06-28 Sold (MLS) $234,500 Stellar MLS as Distributed by MLS Grid
• 2004-06-14 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2004-06-11 Listed $234,500 Stellar MLS as Distributed by MLS Grid
• 2004-06-01 Sold (Public Records) $234,500 Public Records

Property tax history

+10.5%/yr

Latest (2025): $5,003 · +2.5% YoY. Source: county tax records.