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Santa Rosa 32565 Pace
1488 Sid Hayes Road
$202,000
● House - Off Market

1488 Sid Hayes Road

Jay, FL 32565
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,614 Ft²
$818
Est. Monthly

About This Property

Wow potential here with the 3bed 2ba REO home located on just over 6 acres! Home was built in 1994 and has all brick exterior, open text and build off grade; leveraging remodel potential. Living room, dining area and kitchen are surprisingly large and Master bedroom as well as additional bedrooms are more than adequate for most family sizes. Home needs repairs and will not qualify for most financing. There are options available for repairs including FHA, VA, and even conventional renovation loans. Call today!
Unit Size
1,614 Ft²
Days on Market
-
Land Size
6.73 acres
Price per sqft
$103
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1994

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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 #965102)

Price History

Date / Event Date Event Price
Feb 14, 2025 Sold
Premium
Sold
Jan 15, 2025 In contract -
In contract
Dec 19, 2024 Listed by Assurance Realty of NWFL LLC $166,400
Listed by Assurance Realty of NWFL LLC
Jul 11, 2014 Sold
Premium
Sold
Oct 31, 2008 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 293,159
  • Lot Size Depth Feet: 2,200
  • Lot Size Frontage Feet: 2,100
  • Total Building Area: 1,674
  • Gross Building Area: 1,674
  • Building Area: 1,674
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,614
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000006730
  • Standard Land Use Code: 8008
  • County Land Use Code: 005200
  • State Land Use Code: 052
  • Legal Description 1: COM AT INSCT OF C/L SID HAYES RD & E LN OF W2 OF SE4 OF NW4 THN N90*0W 660 FT THN N0*0E 70.32 FT TO C/L & POB THN CONT 226.68 FT THN N90*0W 1305.82 FT TO E LN OF FIRE LN DES IN OR 1422 PG 882 THN S0*0301E 311.82 FT TO C/L OF SID HAYES RD THN ON C/L N

Neighborhood

  • School District Name: Santa Rosa County School District
  • Census Tract: 010200

Zoning

  • Zoning: AG-RR

Geography

  • Assessors Map Reference: MAP 21 PG 23
  • Parcel: 28-4N-30-0000-00502-0000
  • Meridian: SEC 28 TWN 4N RNG 30W
  • Municipality: ALLENTOWN
  • Latitude: 30.8347
  • Longitude: -87.2571

    Address

  • Full Address: 1488 Sid Hayes Rd
  • Address - House Number: 1488
  • Address - Street Name: Sid Hayes
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Jay
  • Carrier Code: R002
  • 4-Digit Zip Code: 9453
  • Zip Code: 32565

Valuation

    Tax

  • Total Area: 1,629
  • Tax Year: 2023
  • Tax Amount: $219,485
  • Tax Rate Code Area: 0021

    Market Valuation

  • Market Total Value: $246,685
  • Market Land Value: $100,208
  • Market Improvement Value: $146,477

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $180,277

    Sales

  • Current Sale Contract Date: Jul 09, 2014
  • Current Sale Recording Date: Jul 11, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 201423566
  • Previous Sale Recording Date: Oct 31, 2008
  • Previous Sale Contract Date: Oct 24, 2008
  • Previous Sale Amount: $67,500
  • 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 Pace

Stats & Trends

Median Asking:

$319,950

Sale Price/ft²

$171

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2090 ft²

Average Home Age

18.8 years

Currently For Sale

24 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

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ECAR

Listed by: Cosmo M Spellings, Assurance Realty of NWFL LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 965102
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 1488 Sid Hayes Road built and last sold?
The property at 1488 Sid Hayes Road was built in 1994 and last sold on Jul 9, 2014 for $68,000.
How much is this home worth?
The estimated value of the home located at 1488 Sid Hayes Road is $0.
What are some comparable homes to 1488 Sid Hayes Road?
There are currently no comparable homes to 1488 Sid Hayes Road.
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