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Washington 32428
1827 Gap Boulevard #LOT31
Photo of Unit LOT31 at 1827 Gap Boulevard
Sold on Nov 1, 2023

8

Map

Photo of Unit LOT31 at 1827 Gap Boulevard
Photo of Unit LOT31 at 1827 Gap Boulevard
$15,000
● Land - Off Market

1827 Gap Boulevard #LOT31

Chipley, FL 32428
bedrooms
Studio
bathrooms
0 Bath
$15,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Vacant land - Build your home or have it delivered! Mobile / Manufactured Homes allowed on this lot near GAP LAKE and Sunny Hills Golf Course! PLEASE NOTE: These home sites are NOT part of the Sunny Hills development and there is NO HOA. If you would like even more room to spread out, there's an opportunity to buy this single lot or all 3 contiguous lots being offered for sale all at once at a small discount. If all 3 lots were purchased, there would be a total of 4.262 acres. All sizes/info/measurements approx; please verify if important.
Unit Size
-
Days on Market
182 days
Land Size
1.07 acres
Price per sqft
-
Property Type
Land
Property Taxes
$9
HOA Dues
-
Year Built
1974

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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: 25 days ago ( #740915)

Price History

Date / Event Date Event Price
Nov 7, 2023 Sold
Premium
Sold
May 3, 2023 Listed by Coldwell Banker Realty $15,000
Listed by Coldwell Banker Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1974
  • Bedroom Count: 0
  • Full Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 13
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 10
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 6
  • Living Units: 1
  • Floor Cover: 0
  • 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: 46,827
  • Total Building Area: 564
  • Building Area: 564

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: WHITE OAK SUBD
  • Land Acres: 0000001075
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • State Land Use Code: 0000
  • Legal Description 1: 29 2 13 ORB 1120 P 355 LOT 31 WHITE OAK SUBDV

Neighborhood

  • School District Name: Washington County School District
  • Census Tract: 970301

Geography

  • Parcel: 00000000-00-0566-0031
  • Block: 31
  • Lot: 31
  • Municipality: COUNTY (DICTRICT 1)
  • Latitude: 30.5432
  • Longitude: -85.5551

    Address

  • Full Address: 1827 Gap Blvd
  • Address - House Number: 1827
  • Address - Street Name: Gap
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Chipley
  • Carrier Code: R006
  • 4-Digit Zip Code: 3214
  • Zip Code: 32428

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,747
  • Tax Rate Code Area: 0001

    Market Valuation

  • Market Total Value: $8,000
  • Market Land Value: $8,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $8,000
  • Assessed Land Value: $8,000

    Sales

  • Current Sale Contract Date: Nov 01, 2023
  • Current Sale Recording Date: Nov 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7724
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 Washington

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$161

Below Asking

0.01%

Average Days on Market

88

Average Home Size

1541 ft²

Average Home Age

26.1 years

Currently For Sale

122 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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Frequently Asked Questions

When was property at 1827 Gap Boulevard built and last sold?
The property at 1827 Gap Boulevard was built in 1974 and last sold on Nov 1, 2023 for $15,000.
How much is this home worth?
The estimated value of the home located at 1827 Gap Boulevard is $15,150.
What are some comparable homes to 1827 Gap Boulevard?
There are currently no comparable homes to 1827 Gap Boulevard.
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