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Okeechobee 34974
1832 SW 23rd TERRACE
$260,000
● House - Off Market

1832 SW 23rd TERRACE

OKEECHOBEE, FL 34974
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,889 Ft²
$303,192
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

4 bedrooms,2 1/2 bathrooms, Living room, Family room, Breakfast nook, Pantry, Office,  screened porch, large covered carport, Hardi-plank siding, Metal roof, Insulated windows,  double concrete driveway, Metal storage shed. Nice quiet neighborhood.
Unit Size
1,889 Ft²
Days on Market
277 days
Land Size
0.18 acres
Price per sqft
$158
Property Type
House
Property Taxes
$101
HOA Dues
-
Year Built
1982

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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 #OK221568)

Price History

Date / Event Date Event Price
Apr 14, 2023 Sold
Premium
Sold
Jul 10, 2022 Listed by TWO TEN REALTY $298,000
Listed by TWO TEN REALTY

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 410
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,058
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 770
  • Total Building Area: 1,889
  • Gross Building Area: 2,285
  • Building Area: 1,889
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,889
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVER LAKE ESTATES
  • Land Acres: 0000000185
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: RIVER LAKE ESTATES (PLAT BOOK 3 PAGE 14) LOT 45

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910601

Geography

  • Parcel: 1-29-37-35-0010-00000-0450
  • Lot: 45
  • Meridian: SEC 29 TWN 37S RNG 35E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2271
  • Longitude: -80.8519

    Address

  • Full Address: 1832 Sw 23rd Ter
  • Address - House Number: 1832
  • Street Direction: SW
  • Address - Street Name: 23rd
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: C002
  • 4-Digit Zip Code: 5606
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 2,038
  • Tax Year: 2022
  • Tax Amount: $128,990
  • Tax Rate Code Area: 030

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 284,271
  • High Value: 408,447
  • Low Value: 160,094

    Market Valuation

  • Market Total Value: $257,762
  • Market Land Value: $25,000
  • Market Improvement Value: $232,762

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,074

    Sales

  • Current Sale Contract Date: Apr 13, 2023
  • Current Sale Recording Date: Apr 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4549
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:

$338,500

Sale Price/ft²

$220

Below Asking

0.03%

Average Days on Market

92

Average Home Size

1527 ft²

Average Home Age

25.3 years

Currently For Sale

180 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

Rentals Near You

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STELLAR

Listed by: Randy Harden
TWO TEN REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK221568
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 1832 Southwest 23rd Terrace built and last sold?
The property at 1832 Southwest 23rd Terrace was built in 1982 and last sold on Apr 13, 2023 for $255,300.
How much is this home worth?
The estimated value of the home located at 1832 Southwest 23rd Terrace is $302,929.
What are some comparable homes to 1832 Southwest 23rd Terrace?
There are currently no comparable homes to 1832 Southwest 23rd Terrace.
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