1536 US HWY 441 SE #37
About This Property
The manager has listed the unit size as 528 square feet.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2023 | No longer available | - | |
| No longer available | |||
| Jul 25, 2023 | Price Decreased |
$19,999
↓ $5K
(20%) | |
| Price Decreased | |||
| Jun 23, 2023 | Listed | $24,999 | |
| Listed | |||
| Nov 13, 2022 | No longer available | - | |
| No longer available | |||
| Sep 27, 2022 | Listed | $27,500 | |
| Listed | |||
| | |||
|
FIXER UPPER IN WATERFRONT COMMUNITY ON LAKE OKEECHOBEE. This charming 2 bed 1 bath is the perfect lakeside project for a handy fisherman. Located in Seminole Village in Okeechobee Florida. The community sits on the Rim Canal that gives you direct access to Lake Okeechobee. Measuring 528 square feet with a large driveway. Plenty of room to add a carport. Lot rent here is $403 and includes lawn and trash. Seminole Village is only 2 miles driving time to the lake. All major shopping needs within 5 miles. The beautiful beach of Fort Pierce Inlet State Park only 45 minutes away. Must be park approved for purchase. Park will run and background and credit check to qualify for residency. Credit score must be above a 720 to qualify. CASH ONLY. NO RENTALS. NO FINANCING. Seller is extremely motivated. Home is being sold AS-IS. The manager has listed the unit size as 528 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/23/2024
|
2 Bed
|
2 Bath
|
720 ft²
|
$65,000
2 Bed
2 Bath
720 ft²
|
-
-
|
Chelsea Hamilton
Sunset Home Sales
| |
|
03/01/2024
|
2 Bed
|
2 Bath
|
980 ft²
|
$85,000
2 Bed
2 Bath
980 ft²
|
-
-
|
Chelsea Hamilton
Sunset Home Sales
| |
|
01/01/2024
|
2 Bed
|
1 Bath
|
576 ft²
|
$59,999
2 Bed
1 Bath
576 ft²
|
-
-
|
Chelsea Hamilton
Sunset Home Sales
| |
|
06/23/2023
|
2 Bed
|
1 Bath
|
528 ft²
|
$24,999
2 Bed
1 Bath
528 ft²
|
-
-
|
Chelsea Hamilton
Sunset Home Sales
| |
|
06/10/2023
|
2 Bed
|
2 Bath
|
784 ft²
|
$77,999
2 Bed
2 Bath
784 ft²
|
-
-
|
Chelsea Hamilton
Sunset Home Sales
| |
|
06/10/2023
|
2 Bed
|
2 Bath
|
680 ft²
|
$52,999
2 Bed
2 Bath
680 ft²
|
-
-
|
Chelsea Hamilton
Sunset Home Sales
| |
|
03/12/2023
|
2 Bed
|
1 Bath
|
624 ft²
|
$51,999
2 Bed
1 Bath
624 ft²
|
-
-
|
Chelsea Hamilton
Sunset Home Sales
| |
|
12/05/2022
|
2 Bed
|
2 Bath
|
720 ft²
|
$62,900
2 Bed
2 Bath
720 ft²
|
-
-
|
Chelsea Hamilton
Sunset Home Sales
| |
|
12/05/2022
|
1 Bed
|
1 Bath
|
528 ft²
|
$49,999
1 Bed
1 Bath
528 ft²
|
-
-
|
Chelsea Hamilton
Sunset Home Sales
| |
|
11/23/2022
|
2 Bed
|
2 Bath
|
888 ft²
|
$98,900
2 Bed
2 Bath
888 ft²
|
-
-
|
Chelsea Hamilton
Sunset Home Sales
| |
|
10/01/2022
|
2 Bed
|
1 Bath
|
576 ft²
|
$52,500
2 Bed
1 Bath
576 ft²
|
-
-
|
Chelsea Hamilton
Sunset Home Sales
| |
|
09/27/2022
|
2 Bed
|
1 Bath
|
528 ft²
|
$27,500
2 Bed
1 Bath
528 ft²
|
-
-
|
Chelsea Hamilton
Sunset Home Sales
| |
|
08/29/2022
|
2 Bed
|
1 Bath
|
672 ft²
|
$45,200
2 Bed
1 Bath
672 ft²
|
-
-
|
Chelsea Hamilton
Sunset Home Sales
| |
|
07/15/2022
|
Studio
|
-
|
672 ft²
|
$65,900
Studio
-
672 ft²
|
-
-
|
Chelsea Hamilton
Sunset Home Sales
| |
|
05/02/2022
|
2 Bed
|
1 Bath
|
624 ft²
|
$42,500
2 Bed
1 Bath
624 ft²
|
-
-
|
Chelsea Hamilton
Sunset Home Sales
| |
|
04/11/2022
|
2 Bed
|
1 Bath
|
616 ft²
|
$69,999
2 Bed
1 Bath
616 ft²
|
-
-
|
Chelsea Hamilton
Sunset Home Sales
| |
|
02/09/2022
|
2 Bed
|
1 Bath
|
672 ft²
|
$45,000
2 Bed
1 Bath
672 ft²
|
-
-
|
Chelsea Hamilton
Sunset Home Sales
| |
|
02/03/2022
|
2 Bed
|
1 Bath
|
-
|
$48,500
2 Bed
1 Bath
|
-
-
|
Chelsea Hamilton
Sunset Home Sales
|
Building Info
About Okeechobee
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Phone: 425-283-2930
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