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Okeechobee 34972
2150 NW 399th STREET
$465,000
● House - Off Market

2150 NW 399th STREET

OKEECHOBEE, FL 34972
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,508 Ft²
$514,819
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Genuine Turn key Log Cabin sitting on ~four private wooded acres, the 2 acre horse pasture is fenced, has a two-stall barn, a stocked pond out back, stocked chicken coup and a shell rock driveway. Cabin has 4 bedrooms, 2 and a half bathrooms, outdoor shower, a beautifully updated kitchen, and is remodeled throughout. Large, open breezeway front porches are accessible on both levels. Back patio area is paved with an adjoining mulched playground and fire pit. This beautiful piece of property is truly a rare find and one of a kind.
Unit Size
2,508 Ft²
Days on Market
61 days
Land Size
3.92 acres
Price per sqft
$197
Property Type
House
Property Taxes
$178
HOA Dues
-
Year Built
2006

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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 #OK221593)

Price History

Date / Event Date Event Price
Sep 20, 2022 Sold
Premium
Sold
Jul 17, 2022 Listed by RED GATOR REAL ESTATE $495,000
Listed by RED GATOR REAL ESTATE
Apr 22, 2015 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 9
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 170,668
  • Total Building Area: 2,913
  • Gross Building Area: 2,913
  • Building Area: 2,913
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,913
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE PINELANDS
  • Land Acres: 0000003918
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: THE PINELANDS A PARCEL OF LAND BEING A PORTION OF LOT 37, THE PINELANDS, ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK 5, PAGE 35, PUBLIC RECORDS OF OKEECHOBEE COUNTY, FLORIDA. BEGINNING AT THE NORTHEAST CORNER OF SAID LOT 37; THENCE RUN SOUTH

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910102

Geography

  • Parcel: 1-07-33-35-0020-00000-037A
  • Lot: 37
  • Meridian: SEC 07 TWN 33S RNG 35E
  • Municipality: ST JOHNS
  • Latitude: 27.6136
  • Longitude: -80.8456

    Address

  • Full Address: 2150 Nw 399th St
  • Address - House Number: 2150
  • Street Direction: NW
  • Address - Street Name: 399th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R002
  • 4-Digit Zip Code: 4209
  • Zip Code: 34972

Valuation

    Tax

  • Total Area: 2,902
  • Tax Year: 2022
  • Tax Amount: $221,643
  • Tax Rate Code Area: 020

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 372,871
  • High Value: 535,749
  • Low Value: 209,992

    Market Valuation

  • Market Total Value: $341,194
  • Market Land Value: $77,065
  • Market Improvement Value: $264,129

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $341,194
  • Assessed Land Value: $77,065
  • Assessed Improvements Value: $264,129

    Sales

  • Current Sale Contract Date: Sep 01, 2022
  • Current Sale Recording Date: Sep 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12639
  • Previous Sale Recording Date: Apr 22, 2015
  • Previous Sale Contract Date: Apr 20, 2015
  • Previous Sale Amount: $96,500
  • Previous Sale Document Type: 68
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:

$336,450

Sale Price/ft²

$222

Below Asking

0.03%

Average Days on Market

93

Average Home Size

1483 ft²

Average Home Age

25.6 years

Currently For Sale

187 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: John Rickards
RED GATOR REAL ESTATE
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK221593
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 2150 Northwest 399th Street built and last sold?
The property at 2150 Northwest 399th Street was built in 2006 and last sold on Sep 1, 2022 for $465,000.
How much is this home worth?
The estimated value of the home located at 2150 Northwest 399th Street is $0.
What are some comparable homes to 2150 Northwest 399th Street?
There are currently no comparable homes to 2150 Northwest 399th Street.
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