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Lake Lorraine 32579 Spring Hill
1 Roundabend Road
$121,000
● House - Off Market

1 Roundabend Road

Shalimar, FL 32579
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,300 Ft²
$243,018
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

GREAT CORNER LOT LOCATION WITH SIDE DOUBLE GATE THAT OPENS INTO BACKYARD FOR BOAT OR RV PARKING. PROPERTY HAS BEEN UPDATED AND HAS DOUBLE PANE WINDOWS, VINYL SIDING, ROOF REPLACED IN 2001. CEILING FANS IN ALL BEDROOMS, LIVING ROOM, FAMILY ROOM & IN DINING/KITCHEN COMBO. UPGRADED FRENCH DOORS OFF KITCHEN TO BACKYARD. YARD HAS SPRINKLER SYSTEM/ LAWN PUMP WITH TIMER. COUNTY WATERFRONT PARK ON MEIGS DR JUST A SHORT WALK AWAY. AC REPLACED WITHIN THE LAST 3 YEARS ACCORDING TO OWNER.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$96
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1969

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (ECAR MLS #600380)

Price History

Date / Event Date Event Price
Aug 20, 2013 Sold
Premium
Sold
Jul 8, 2013 Listed by Coastal Realty Services $124,900
Listed by Coastal Realty Services
Feb 11, 2002 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,615
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,380
  • Gross Building Area: 1,380
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRINGHILL S/D
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SPRINGHILL S/D LOT 10

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021501

Geography

  • Assessors Map Reference: MAP 5
  • Parcel: 05-2S-23-2780-0000-0100
  • Lot: 10
  • Meridian: SEC 05 TWN 02S RNG 23W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4353
  • Longitude: -86.5715

    Address

  • Full Address: 1 Roundabend Rd
  • Address - House Number: 1
  • Address - Street Name: Roundabend
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Shalimar
  • Carrier Code: C008
  • 4-Digit Zip Code: 2127
  • Zip Code: 32579

Valuation

    Tax

  • Total Area: 1,324
  • Tax Year: 2023
  • Tax Amount: $76,290
  • Tax Rate Code Area: 012

    Market Valuation

  • Market Total Value: $125,037
  • Market Land Value: $46,139
  • Market Improvement Value: $78,898

    Assessments Valuation

  • Assessed Year: 2023

    Sales

  • Current Sale Contract Date: Aug 09, 2013
  • Current Sale Recording Date: Aug 21, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2877332
  • Previous Sale Recording Date: Feb 11, 2002
  • Previous Sale Contract Date: Feb 08, 2002
  • Previous Sale Amount: $79,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Spring Hill

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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ECAR

Listed by: Kevin L Krueger, Coastal Realty Services
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 600380
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 1 Roundabend Road built and last sold?
The property at 1 Roundabend Road was built in 1969 and last sold on Aug 9, 2013 for $121,000.
How much is this home worth?
The estimated value of the home located at 1 Roundabend Road is $0.
What are some comparable homes to 1 Roundabend Road?
There are currently no comparable homes to 1 Roundabend Road.
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