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Freeport 32439
Lot 11 Lafayette Creek
$70,000
● Land - Off Market

Lot 11 Lafayette Creek

Freeport, FL 32439
bedrooms
Studio
bathrooms
0 Bath
$432
Est. Monthly

About This Property

Great lot for you to build your dream home in Lagrange Landing! Get to the beach or bay in just minutes.  neighborhood offers amenities such as a community pool, playground, sidewalks, & a nature trail that leads to the water. Shopping and dining just around the corner for your convenience. Don't miss this one!
Unit Size
-
Days on Market
-
Land Size
0.13 acres
Price per sqft
-
Property Type
Land
Property Taxes
$44
HOA Dues
-
Year Built
2023

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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 #946568)

Price History

Date / Event Date Event Price
Aug 9, 2024 Sold
Premium
Sold
Apr 5, 2024 Listed by Keller Williams Realty Cview $78,900
Listed by Keller Williams Realty Cview

Property Highlights

Building Info

Overview

    General

  • Year Built: 2023
  • Effective Year Built: 2023
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,478
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAGRANGE LANDING PH 1
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 4 BLK C LAGRANGE LANDING PH 1 S/D PB 17-50 OR 3089-3404 OR 3295-902

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950502

Geography

  • Assessors Map Reference: S1-15-19
  • Parcel: 15-1S-19-23250-00C-0040
  • Block: C
  • Lot: 4
  • Municipality: COUNTY
  • Latitude: 30.4908
  • Longitude: -86.1279

    Address

  • Full Address: 11 Lafayette Crk
  • Address - House Number: 11
  • Address - Street Name: Lafayette
  • Address - Suffix Type: Crk
  • State: FL
  • City Name: Freeport
  • Carrier Code: R010
  • 4-Digit Zip Code: 3948
  • Zip Code: 32439

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $71,932

    Appraisal Valuation

  • Standard Deviation: 0.4856
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 2
  • Final Value: 63,678
  • High Value: 94,600
  • Low Value: 32,755

    Market Valuation

  • Market Total Value: $55,125
  • Market Land Value: $55,125

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,125
  • Assessed Land Value: $55,125

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jul 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 24176
  • Previous Sale Recording Date: Aug 03, 2022
  • Previous Sale Contract Date: Jul 23, 2022
  • Previous Sale Amount: $455,000
  • 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 Freeport

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$198

Below Asking

0.03%

Average Days on Market

102

Average Home Size

2173 ft²

Average Home Age

5 years

Currently For Sale

190 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

Rentals Near You

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ECAR

Listed by: Levi W Kearney, Keller Williams Realty Cview
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 946568
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 11 Lafayette Creek built and last sold?
The property at 11 Lafayette Creek was built in 2023 and last sold on Jun 30, 2023 for $395,900.
How much is this home worth?
The estimated value of the home located at 11 Lafayette Creek is $0.
What are some comparable homes to 11 Lafayette Creek?
There are currently no comparable homes to 11 Lafayette Creek.
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