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Buckhead Ridge 34974
1367 Lake DRIVE W
$66,000
● Mobile Manufactured - Off Market

1367 Lake DRIVE W

OKEECHOBEE, FL 34974
bedrooms
2 Beds
bathrooms
1 Bath
square feet
672 Ft²
$76,940
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

LAKE OKEECHOBEE ACCESS - BUCKHEAD RIDGE  - 2/1 SWMH, it has a fenced yard, A boat dock with a covered top.  This home needs a some TLC but is priced to sell.

Take a look.
Unit Size
672 Ft²
Days on Market
25 days
Land Size
0.22 acres
Price per sqft
$103
Property Type
Mobile Manufactured
Property Taxes
$86
HOA Dues
-
Year Built
2005

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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: 3 years ago (Stellar MLS #OK220720)

Price History

Date / Event Date Event Price
Mar 22, 2022 Sold
Premium
Sold
Jan 23, 2022 Listed by ANDERSON REALTY $119,900
Listed by ANDERSON REALTY
Nov 16, 2021 Sold
Premium
Sold
Oct 18, 2021 Listed by ANDERSON REALTY $69,000
Listed by ANDERSON REALTY
Oct 4, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 45
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 20
  • Living Units: 1
  • 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: 9,365
  • Lot Size Depth Feet: 125
  • Lot Size Frontage Feet: 75
  • Total Building Area: 672
  • Gross Building Area: 672
  • Building Area: 672
  • Building Area Measurement: J

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 672
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BUCKHEAD RIDGE SUB
  • Land Acres: 0000000215
  • Standard Land Use Code: 1006
  • County Land Use Code: 00200
  • Mobile Home Indicator: T
  • Legal Description 1: LOT 182 BUCKHEAD RIDGE-5TH ADD UNIT 3 GC PB 3 PGS 46 + 47

Neighborhood

  • School District Name: Glades County School District
  • Census Tract: 000100

Geography

  • Assessors Map Reference: MAP 202C
  • Parcel: S36-38-34-012-0000-1820
  • Lot: 182
  • Meridian: SEC 35 TWN 38 RNG 34
  • Municipality: BR
  • Latitude: 27.1304
  • Longitude: -80.894

    Address

  • Full Address: 1367 Lake Dr W
  • Legal Unit: 3
  • Address - House Number: 1367
  • Street Segment Direction: W
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R004
  • 4-Digit Zip Code: 0501
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 672
  • Tax Year: 2021
  • Tax Amount: $114,181
  • Tax Rate Code Area: 01

    Market Valuation

  • Market Total Value: $59,916
  • Market Land Value: $28,406
  • Market Improvement Value: $31,510

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $59,916

    Sales

  • Current Sale Contract Date: Mar 21, 2022
  • Current Sale Recording Date: Mar 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 902
  • Previous Sale Recording Date: Nov 16, 2021
  • Previous Sale Contract Date: Nov 12, 2021
  • Previous Sale Amount: $66,000
  • 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 Buckhead Ridge

Stats & Trends

Median Asking:

$357,450

Sale Price/ft²

$232

Below Asking

0.01%

Average Days on Market

73

Average Home Size

1263 ft²

Average Home Age

47.9 years

Currently For Sale

13 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

Unit for rent at 1205 Lisa Lane, OKEECHOBEE, FL, 34974

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,260 ft²
1205 Lisa Lane, OKEECHOBEE, FL, 34974 Listing by Diana Villarreal

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Vicki Anderson
ANDERSON REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK220720
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1367 Lake Drive West built and last sold?
The property at 1367 Lake Drive West was built in 2005 and last sold on Mar 21, 2022 for $117,500.
How much is this home worth?
The estimated value of the home located at 1367 Lake Drive West is $0.
What are some comparable homes to 1367 Lake Drive West?
There are currently no comparable homes to 1367 Lake Drive West.
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