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Okeechobee 34972
3561 NW 39th AVENUE
$23,000
● Land - Off Market

3561 NW 39th AVENUE

OKEECHOBEE, FL 34972
bedrooms
Studio
bathrooms
0 Bath
$144
Est. Monthly
51.98%
Cap Rate

About This Property

BASSWOOD - Quarter Acre+/- buildable lot. This property offers privacy as it backs up to an 80 acre wooded parcel. 4 miles from the center of Okeechobee. Call for details. All measurements are approximate.
Unit Size
-
Days on Market
102 days
Land Size
0.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
$21
HOA Dues
-
Year Built
-

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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: 3 years ago (Stellar MLS #OK223687)

Price History

Date / Event Date Event Price
Apr 29, 2024 Sold
Premium
Sold
Feb 28, 2024 Price Decreased $24,900
↓ $4K (14.1%)
Price Decreased
Jan 18, 2024 Listed by LAKE O REAL ESTATE, LLC $29,000
Listed by LAKE O REAL ESTATE, LLC
Oct 21, 2009 Sold
Premium
Sold
May 27, 2009 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • 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: 10,585
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 850
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: BASSWOOD ESTATES UN 07
  • Land Acres: 0000000243
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: COMMENCING AT THE SOUTHEAST CORNER OF LOT 10, BLOCK 43, OF BASSWOOD INC., UNIT 3, ACCORDING TO PLAT OF SAID SUBDIVISION AS RECORDED IN PLAT BOOK 3, PAGE 37, PUBLIC RECORDS OF OKEECHOBEE COUNTY, FLORIDA, RUN THENCE SOUTH 0 08'25" WEST FOR A DISTANCE O

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910201

Geography

  • Parcel: 1-06-37-35-0A00-00000-0100
  • Block: 43
  • Lot: 10
  • Meridian: SEC 06 TWN 37S RNG 35E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2761
  • Longitude: -80.8685

    Address

  • Full Address: 3561 Nw 39th Ave
  • Legal Unit: 3
  • Address - House Number: 3561
  • Street Direction: NW
  • Address - Street Name: 39th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R022
  • 4-Digit Zip Code: 1005
  • Zip Code: 34972

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,022
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $12,000
  • Market Land Value: $12,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,000
  • Assessed Land Value: $12,000

    Sales

  • Current Sale Contract Date: Oct 08, 2009
  • Current Sale Recording Date: Oct 21, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2009011725
  • Previous Sale Recording Date: May 27, 2009
  • Previous Sale Contract Date: May 11, 2009
  • Previous Sale Amount: $2,000
  • 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 Okeechobee

Stats & Trends

Median Asking:

$337,900

Sale Price/ft²

$219

Below Asking

0.03%

Average Days on Market

90

Average Home Size

1520 ft²

Average Home Age

25.4 years

Currently For Sale

184 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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STELLAR

Listed by: Rick Gonzalez
LAKE O REAL ESTATE, LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK223687
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 3561 Northwest 39th Avenue built and last sold?
The property at 3561 Northwest 39th Avenue was built in and last sold on Oct 8, 2009 for $3,800.
How much is this home worth?
The estimated value of the home located at 3561 Northwest 39th Avenue is $0.
What are some comparable homes to 3561 Northwest 39th Avenue?
There are currently no comparable homes to 3561 Northwest 39th Avenue.
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