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Santa Rosa 32583
1861 Bay Oaks Circle
$158,000
● House - Off Market

1861 Bay Oaks Circle

Milton, FL 32583
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,694 Ft²
$293,681
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

Price Reduced! Back on the Market! This NEW home has a current appraisal of 158,000. New privacy fence installed with new extended, sodded back yard! New Shutters installed and water purification system. The house has cathedral ceilings, granite countertops, four bedrooms, all tile or carpet... no laminates or vinyl in the house. Waterfront neighborhood with private neighborhood park, beach, and small craft launch. In 18 minutes you can at the Sacred Heart Hospital area of Pensacola, in 10 Minutes you can be in downtown Milton, in 10 Minutes you can be in Tiger Point and Gulf Breeze. While being close to many towns, this home is also surrounded by waterfront state parks and forests with hiking paths, secluded beaches, and boat ramps. costs!
Unit Size
1,694 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$93
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2013

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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 #611058)

Price History

Date / Event Date Event Price
Feb 12, 2021 Sold
Premium
Sold
Jun 5, 2014 Sold
Premium
Sold
Jan 8, 2014 Listed by Livin Right Real Estate LLC $158,000
Listed by Livin Right Real Estate LLC
Nov 21, 2012 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 412
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,994
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,318
  • Gross Building Area: 2,318
  • Building Area: 1,752
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,752
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAY OAKS
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: *DESCRIPTION UPDATE FOR 2021* LOT 22 BLK F UNREC BAY OAKS SUB FURTHER DES AS FOLLOWS: COM ON NORTH LN OF SECTION 14 TOWNSHP 1 SOUTH RANGE 28 WEST AT E R/W OF SR #191 THN S1*10 15W ALONG R/W 220.10 FT THN SLY ALONG CURVE 806.13 FT (R=3869.83) THN S13*

Neighborhood

  • School District Name: Santa Rosa County School District
  • Census Tract: 010710

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 130 PG 141
  • Parcel: 14-1S-28-0000-05900-0000
  • Block: F
  • Lot: 22
  • Meridian: SEC 14 TWN 1S RNG 28W
  • Municipality: BAGDAD
  • Latitude: 30.5009
  • Longitude: -87.0547

    Address

  • Full Address: 1861 Bay Oaks Cir
  • Address - House Number: 1861
  • Address - Street Name: Bay Oaks
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Milton
  • Carrier Code: R007
  • 4-Digit Zip Code: 7482
  • Zip Code: 32583

Valuation

    Tax

  • Total Area: 1,994
  • Tax Year: 2023
  • Tax Amount: $146,712
  • Tax Rate Code Area: 0016

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 326,210
  • High Value: 391,825
  • Low Value: 260,596

    Market Valuation

  • Market Total Value: $193,016
  • Market Land Value: $17,000
  • Market Improvement Value: $176,016

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,577

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 08, 2021
  • Current Sale Recording Date: Feb 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202109378
  • Previous Sale Recording Date: Nov 21, 2012
  • Previous Sale Contract Date: Nov 19, 2012
  • Previous Sale Amount: $25,000
  • 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 Santa Rosa

Stats & Trends

Median Asking:

$384,900

Sale Price/ft²

$201

Above Asking

0.77%

Average Days on Market

77

Average Home Size

2071 ft²

Average Home Age

16.1 years

Currently For Sale

511 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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ECAR

Listed by: Matthew N McGee, Livin Right Real Estate LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 611058
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 1861 Bay Oaks Circle built and last sold?
The property at 1861 Bay Oaks Circle was built in 2013 and last sold on Feb 8, 2021 for $70,000.
How much is this home worth?
The estimated value of the home located at 1861 Bay Oaks Circle is $0.
What are some comparable homes to 1861 Bay Oaks Circle?
There are currently no comparable homes to 1861 Bay Oaks Circle.
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