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Destin 32541 Ridge Wood Manor
101 Forest Street
$235,000
● House - Off Market

101 Forest Street

Destin, FL 32541
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,295 Ft²
$421,579
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

''AS IS'' INVESTORS DREAM. 4 BEDROOM, 3 BATH, OFFICE, INGROUND POOL, SPRINKLER SYSTEM, WOOD BURNING FIREPLACE, EAT IN KITCHEN, LARGE MASTER SUITE, THE LOFT HAS A BONUS ROOM, 2 BEDROOMS AND A BATH... PRICED TO SELL AND REMODEL!!!!
Unit Size
2,295 Ft²
Days on Market
-
Land Size
-
Price per sqft
$109
Property Type
House
Property Taxes
$164
HOA Dues
-
Year Built
1993

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #760074)

Price History

Date / Event Date Event Price
Apr 25, 2022 Sold
Premium
Sold
Mar 22, 2022 No longer available -
No longer available
Mar 18, 2022 Listed by Keller Williams Realty Destin $650,000
Listed by Keller Williams Realty Destin
Dec 28, 2016 Sold
Premium
Sold
Oct 6, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 504
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 125
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 8,850
  • Total Building Area: 2,985
  • Gross Building Area: 2,985
  • Building Area: 2,276
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,276
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGE WOOD MANOR
  • Land Acres: 0000000203
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: RIDGE WOOD MANOR LOT 3 BLK A

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023306

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-2230-000A-0030
  • Block: A
  • Lot: 3
  • Municipality: DESTIN
  • Latitude: 30.3988
  • Longitude: -86.506

    Address

  • Full Address: 101 Forest St
  • Address - House Number: 101
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: FL
  • City Name: Destin
  • Carrier Code: C001
  • 4-Digit Zip Code: 1542
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 2,658
  • Tax Year: 2023
  • Tax Amount: $587,505
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1955
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 671,204
  • High Value: 802,472
  • Low Value: 539,936

    Market Valuation

  • Market Total Value: $491,792
  • Market Land Value: $96,973
  • Market Improvement Value: $394,819

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $491,792
  • Assessed Land Value: $96,973
  • Assessed Improvements Value: $394,819

    Sales

  • Current Sale Contract Date: Apr 22, 2022
  • Current Sale Recording Date: Apr 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3544971
  • Previous Sale Recording Date: Dec 28, 2016
  • Previous Sale Contract Date: Dec 22, 2016
  • Previous Sale Amount: $385,000
  • 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 Ridge Wood Manor

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

2106 ft²

Average Home Age

34 years

Currently For Sale

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

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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ECAR

Listed by: Wendy Jones, Keller Williams Realty Destin
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 760074
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 101 Forest Street built and last sold?
The property at 101 Forest Street was built in 1993 and last sold on Apr 22, 2022 for $650,000.
How much is this home worth?
The estimated value of the home located at 101 Forest Street is $650,719.
What are some comparable homes to 101 Forest Street?
There are currently no comparable homes to 101 Forest Street.
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