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Walton 32413
127 Jack Knife Drive #LOT126
$509,900
● House - Off Market

127 Jack Knife Drive #LOT126

Inlet Beach, FL 32461
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,950 Ft²
$794,821
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model
Unit Size
1,950 Ft²
Days on Market
-
Land Size
-
Price per sqft
$239
Property Type
House
Property Taxes
-
HOA Dues
$475
Year Built
2016

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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 #743165)

Price History

Date / Event Date Event Price
Jun 17, 2021 Sold
Premium
Sold
May 24, 2016 Sold
Premium
Sold
Dec 16, 2015 Listed by Berkshire Hathaway HomeServices $465,400
Listed by Berkshire Hathaway HomeServices
Aug 1, 2015 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 465
  • Parking Space Count: 0
  • Patio Type: 70
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,750
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 490
  • Total Building Area: 2,641
  • Gross Building Area: 2,641
  • Building Area: 2,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,176
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERSOUND PH 1
  • Land Acres: 0000000132
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 126 WINTER GARDEN 4 AT WATERSOUND PH 1 PB 19-8 OR 2985-3431 OR 2987-987 OR 2987-4330 OR 3010-2680 OR 3203-968 OR 3257-1444

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950610

Geography

  • Assessors Map Reference: S3-25-18
  • Subdivision Phase Number: 1
  • Parcel: 25-3S-18-16230-000-1260
  • Block: 12
  • Lot: 126
  • Meridian: SEC 25 TWN 03S RNG 018
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.2914
  • Longitude: -86.0062

    Address

  • Full Address: 127 Jack Knife Dr
  • Address - House Number: 127
  • Address - Street Name: Jack Knife
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Inlet Beach
  • Carrier Code: R019
  • 4-Digit Zip Code: 8573
  • Zip Code: 32461

Valuation

    Tax

  • Total Area: 2,360
  • Tax Year: 2022
  • Tax Amount: $696,680
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2677
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 1,077,504
  • High Value: 1,365,974
  • Low Value: 789,035

    Market Valuation

  • Market Total Value: $751,752
  • Market Land Value: $106,141
  • Market Improvement Value: $645,611

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $751,752
  • Assessed Land Value: $106,141
  • Assessed Improvements Value: $645,611

    Sales

  • Current Sale Contract Date: Jun 17, 2021
  • Current Sale Recording Date: Jun 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210030690
  • Previous Sale Recording Date: May 24, 2016
  • Previous Sale Contract Date: May 23, 2016
  • Previous Sale Amount: $509,900
  • 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 Walton

Stats & Trends

Median Asking:

$695,000

Sale Price/ft²

$394

Below Asking

0.02%

Average Days on Market

79

Average Home Size

2262 ft²

Average Home Age

17.4 years

Currently For Sale

2355 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: Sherry L McCollum, Berkshire Hathaway HomeServices
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 743165
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 127 Jack Knife Drive built and last sold?
The property at 127 Jack Knife Drive was built in 2016 and last sold on Jun 17, 2021 for $625,000.
How much is this home worth?
The estimated value of the home located at 127 Jack Knife Drive is $0.
What are some comparable homes to 127 Jack Knife Drive?
There are currently no comparable homes to 127 Jack Knife Drive.
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