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Washington 32428
2271 Highway 77
Photo of 2271 Highway 77
Sold on Jun 26, 2023

39

Map

Photo of 2271 Highway 77
Photo of 2271 Highway 77
$267,000
● House - Off Market

2271 Highway 77

Chipley, FL 32428
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,071 Ft²
$260,435
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Location, Location, Location! Situated on a private 1.7+/- acre lot just off Hwy 77 sits this well maintained, 4 bedroom, 2 bath country-style home! Inside you will find a spacious living room, eat-in kitchen with an abundance of cabinetry, family room, wheelchair accessible bathroom, and 4 bedrooms boasting original hardwood pine floors under the carpet. Enjoy time outside relaxing on the covered front porch, picking fruit from one of the many fruit trees or tinkering in the workshop. Other outside features include an attached carport, portable building and storage shed. This rare find is located just minutes from restaurants, shopping and Interstate 10.
Unit Size
2,071 Ft²
Days on Market
68 days
Land Size
1.77 acres
Price per sqft
$126
Property Type
House
Property Taxes
$30
HOA Dues
-
Year Built
1956

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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: 28 days ago ( #740343)

Price History

Date / Event Date Event Price
Jul 7, 2023 Sold
Premium
Sold
Apr 19, 2023 Listed by SOUTHERN WAY REALTY, INC. $259,999
Listed by SOUTHERN WAY REALTY, INC.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 659,498
  • Total Building Area: 2,685
  • Gross Building Area: 2,685
  • Building Area: 2,685
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,071
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Land Acres: 0000015140
  • Standard Land Use Code: 7009
  • County Land Use Code: 5601
  • State Land Use Code: 5601
  • Legal Description 1: 29 4 13 15.14 ORB 1235 P 686 SE4 LYING EAST OF HWY AS DESC IN ORB 1235 P 686, ORB 1259 P 60

Neighborhood

  • School District Name: Washington County School District
  • Census Tract: 970102

Geography

  • Parcel: 00000000-00-2468-0000
  • Meridian: SEC 29 TWN 04S RNG 13W
  • Municipality: COUNTY (DICTRICT 1)
  • Latitude: 30.7148
  • Longitude: -85.556

    Address

  • Full Address: 2271 Highway 77
  • Address - House Number: 2271
  • Address - Street Name: Highway 77
  • State: FL
  • City Name: Chipley
  • Carrier Code: R008
  • 4-Digit Zip Code: 6062
  • Zip Code: 32428

Valuation

    Tax

  • Total Area: 2,237
  • Tax Year: 2022
  • Tax Amount: $36,210
  • Tax Rate Code Area: 0001

    Market Valuation

  • Market Total Value: $142,926
  • Market Land Value: $83,106
  • Market Improvement Value: $59,820

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,806

    Sales

  • Current Sale Contract Date: Jun 26, 2023
  • Current Sale Recording Date: Jul 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4633

    Financing

  • First Mortgage Financing Type: ADJ
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

89

Average Home Size

1571 ft²

Average Home Age

26.5 years

Currently For Sale

119 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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Frequently Asked Questions

When was property at 2271 Florida 77 built and last sold?
The property at 2271 Florida 77 was built in 1956 and last sold on Jun 26, 2023 for $267,000.
How much is this home worth?
The estimated value of the home located at 2271 Florida 77 is $265,900.
What are some comparable homes to 2271 Florida 77?
There are currently no comparable homes to 2271 Florida 77.
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