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Walton 32567
268 Richerson Road
$38,900
● Mobile Manufactured - Off Market

268 Richerson Road

Laurel Hill, FL 32567
bedrooms
3 Beds
bathrooms
2 Baths
square feet
924 Ft²
$70,323
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

The inside of this mobile is like NEW! This home would make a great investment or family home. It is situated on 1 acre. The mobile home is 14X66 and 924 square feet. Financing available through seller with approved credit.
Unit Size
924 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$42
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
2008

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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: 2 years ago (ECAR MLS #713118)

Price History

Date / Event Date Event Price
Jun 29, 2018 Sold
Premium
Sold
Apr 20, 2015 Sold
Premium
Sold
Aug 29, 2014 Listed by Team Walton Real Estate Professionals $38,900
Listed by Team Walton Real Estate Professionals

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 924
  • Gross Building Area: 924
  • Building Area: 924
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 924
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1006
  • County Land Use Code: 0200
  • Mobile Home Indicator: T
  • Legal Description 1: COM NW/C OF NE1/4 OF NW1/4 S OO DEG 2559W 420FT TO POB, N 89 DEG 2030E 210FT, S 00 DEG 2559W 210FT S 89 DEG 2030W 210FT, N 00 DEG 2559E 210FT TO POB. OR 2939-4600 OR 2975-999 OR 2975-3349 OR 2976-4660 OR 3078-214 OR 3221-1598 OR 3236-2265

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950104

Geography

  • Assessors Map Reference: N5-10-21
  • Parcel: 10-5N-21-39000-002-0030
  • Block: 200
  • Lot: 30
  • Meridian: SEC 10 TWN 05N RNG 021
  • Municipality: COUNTY
  • Latitude: 30.9528
  • Longitude: -86.334

    Address

  • Full Address: 268 Richerson Rd
  • Address - House Number: 268
  • Address - Street Name: Richerson
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Laurel Hill
  • Carrier Code: R032
  • 4-Digit Zip Code: 3608
  • Zip Code: 32567

Valuation

    Tax

  • Total Area: 924
  • Tax Year: 2022
  • Tax Amount: $28,247
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.2593
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 63
  • Final Value: 60,722
  • High Value: 76,469
  • Low Value: 44,976

    Market Valuation

  • Market Total Value: $24,298
  • Market Land Value: $4,211
  • Market Improvement Value: $20,087

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,298
  • Assessed Land Value: $4,211
  • Assessed Improvements Value: $20,087

    Sales

  • Current Sale Contract Date: Jun 29, 2018
  • Current Sale Recording Date: Jun 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018000021749
  • Previous Sale Recording Date: Apr 20, 2015
  • Previous Sale Contract Date: Apr 15, 2015
  • Previous Sale Amount: $38,900
  • 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 Walton

Stats & Trends

Median Asking:

$724,900

Sale Price/ft²

$424

Below Asking

0.03%

Average Days on Market

98

Average Home Size

2290 ft²

Average Home Age

17 years

Currently For Sale

2315 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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ECAR

Listed by: Nikki Pitman, Team Walton Real Estate Professionals
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 713118
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 268 Richerson Road built and last sold?
The property at 268 Richerson Road was built in 2008 and last sold on Jun 29, 2018 for $40,000.
How much is this home worth?
The estimated value of the home located at 268 Richerson Road is $57,694.
What are some comparable homes to 268 Richerson Road?
There are currently no comparable homes to 268 Richerson Road.
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