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Okeechobee 34972
1633 NW 5th STREET
$216,200
● House - Off Market

1633 NW 5th STREET

OKEECHOBEE, FL 34972
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$261,490
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Adorable 3 Bedroom 1 Bath CBS home with Metal roof. Home has been completely remodeled, and freshly painted on the interior and exterior, has vinyl flooring throughout, new lighting, water system.  this property is completely fenced with a chain-link.
Unit Size
1,152 Ft²
Days on Market
60 days
Land Size
0.28 acres
Price per sqft
$217
Property Type
House
Property Taxes
$130
HOA Dues
-
Year Built
1968

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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: 3 years ago (Stellar MLS #OK221789)

Price History

Date / Event Date Event Price
Oct 31, 2022 Sold
Premium
Sold
Sep 1, 2022 Listed by MCFARLAND REAL ESTATE CO $249,900
Listed by MCFARLAND REAL ESTATE CO
Jul 11, 2022 Sold
Premium
Sold
Feb 20, 2018 Sold
Premium
Sold
Jan 29, 2010 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,022
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,152
  • Gross Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OKEECHOBEE PARK
  • Land Acres: 0000000276
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: SUBDIVISION OF A PORTION OF OKEECHOBEE PARK (PLAT BOOK 1 PAGE 28) LOTS 23 & 24 BLOCK 3

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910202

Geography

  • Parcel: 1-17-37-35-0020-00030-0230
  • Block: 3
  • Lot: 23,24
  • Meridian: SEC 17 TWN 37S RNG 35E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2483
  • Longitude: -80.8452

    Address

  • Full Address: 1633 Nw 5th St
  • Address - House Number: 1633
  • Street Direction: NW
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: C001
  • 4-Digit Zip Code: 2407
  • Zip Code: 34972

Valuation

    Tax

  • Total Area: 1,170
  • Tax Year: 2022
  • Tax Amount: $186,991
  • Tax Rate Code Area: 030

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 113,390
  • High Value: 162,921
  • Low Value: 63,858

    Market Valuation

  • Market Total Value: $178,394
  • Market Land Value: $17,670
  • Market Improvement Value: $160,724

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,394
  • Assessed Land Value: $17,670
  • Assessed Improvements Value: $160,724

    Sales

  • Current Sale Contract Date: Oct 27, 2022
  • Current Sale Recording Date: Oct 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14219
  • Previous Sale Recording Date: Jul 11, 2022
  • Previous Sale Contract Date: Jul 11, 2022
  • Previous Sale Amount: $130,000
  • 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 Okeechobee

Stats & Trends

Median Asking:

$335,000

Sale Price/ft²

$220

Below Asking

0.03%

Average Days on Market

84

Average Home Size

1591 ft²

Average Home Age

26.2 years

Currently For Sale

235 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

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STELLAR

Listed by: Barry Taylor
MCFARLAND REAL ESTATE CO
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK221789
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 1633 Northwest 5th Street built and last sold?
The property at 1633 Northwest 5th Street was built in 1968 and last sold on Oct 27, 2022 for $211,000.
How much is this home worth?
The estimated value of the home located at 1633 Northwest 5th Street is $0.
What are some comparable homes to 1633 Northwest 5th Street?
There are currently no comparable homes to 1633 Northwest 5th Street.
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