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Walton 32413
34 Cast Net Lane
$485,000
● House - Off Market

34 Cast Net Lane

Seacrest, FL 32461
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,650 Ft²
$959,591
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model

About This Property

CUSTOM BUILT GORGEOUS FLORIDA BEACH COTTAGE STYLE HOME LOCATED IN SOUGHT AFTER SEACREST BEACH! METAL ROOF, HARDIBOARD SIDING, BRAZILIAN HARDWOOD FLOORS THROUGHOUT, STAINLESS APPLIANCES, GRANITE COUNTERS, FABULOUS CUSTOM SPICE BIRCH CABINETRY THROUGHOUT, 10FT CEILINGS WITH OVERSIZED CROWN MOLDING, VAULTED CEILINGS IN LIVING ROOM AND DINING AREA, LIVING ROOM HAS BUILT IN CUSTOM ENTERTAINMENT CENTER TOO. ALL NEW FLAT SCREEN TV'S. HOME CONVENIENTLY BACKS UP TO A GREEN SPACE/WALKING PATH, FRONT AND BACK PORCHES WITH CEILING FANS. HOME IS WIRED FOR SURROUND SOUND THROUGHOUT INCLUDING BOTH PORCHES. WALKING DISTANCE TO THE BEACH IS SHORT AND SWEET OR YOU CAN CALL TO BE PICKED UP BY THE COMMUNITY TROLLEY SERVICE. EXCELLENT COMMUNITY FOR VACATION RENTALS TOO!
Unit Size
1,650 Ft²
Days on Market
-
Land Size
-
Price per sqft
$318
Property Type
House
Property Taxes
-
HOA Dues
$450
Year Built
2004

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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 #721130)

Price History

Date / Event Date Event Price
Dec 20, 2017 Sold
Premium
Sold
Mar 3, 2015 Sold
Premium
Sold
Jan 10, 2015 Listed by Beachy Beach Real Estate $525,000
Listed by Beachy Beach Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,398
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 380
  • Total Building Area: 1,652
  • Gross Building Area: 1,652
  • Building Area: 1,652
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,652
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEACREST BEACH PH 7
  • Land Acres: 0000000078
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 13 BLK I SEACREST BEACH PH 7 PB 14-80 OR 2354-419 OR 2421-512 OR 2523-503 OR 2565-1160 OR 2622-3225 OR 2648-1999 OR 2840-1009 OR 2972-2613 OR 3060-2258

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950611

Geography

  • Assessors Map Reference: S3-26-18
  • Subdivision Phase Number: 7
  • Parcel: 26-3S-18-16033-00I-0130
  • Block: I
  • Lot: 13
  • Meridian: SEC 26 TWN 03S RNG 018
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.2834
  • Longitude: -86.0181

    Address

  • Full Address: 34 Cast Net Ln
  • Address - House Number: 34
  • Address - Street Name: Cast Net
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Inlet Beach
  • Carrier Code: R032
  • 4-Digit Zip Code: 7273
  • Zip Code: 32461

Valuation

    Tax

  • Total Area: 1,770
  • Tax Year: 2022
  • Tax Amount: $745,667
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2676
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 1,306,928
  • High Value: 1,656,683
  • Low Value: 957,173

    Market Valuation

  • Market Total Value: $985,049
  • Market Land Value: $445,110
  • Market Improvement Value: $539,939

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $985,049
  • Assessed Land Value: $445,110
  • Assessed Improvements Value: $539,939

    Sales

  • Current Sale Contract Date: Dec 18, 2017
  • Current Sale Recording Date: Dec 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017000041576
  • Previous Sale Recording Date: Mar 03, 2015
  • Previous Sale Contract Date: Feb 27, 2015
  • Previous Sale Amount: $485,000
  • 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 Walton

Stats & Trends

Median Asking:

$719,900

Sale Price/ft²

$421

Below Asking

0.03%

Average Days on Market

98

Average Home Size

2297 ft²

Average Home Age

16.9 years

Currently For Sale

2285 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: Karen S Oliver, Beachy Beach Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 721130
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 34 Cast Net Lane built and last sold?
The property at 34 Cast Net Lane was built in 2004 and last sold on Dec 18, 2017 for $100,000.
How much is this home worth?
The estimated value of the home located at 34 Cast Net Lane is $537,565.
What are some comparable homes to 34 Cast Net Lane?
There are currently no comparable homes to 34 Cast Net Lane.
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