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Okeechobee 34972
3572 NW 31st AVENUE
$184,000
● House - Off Market

3572 NW 31st AVENUE

OKEECHOBEE, FL 34972
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,512 Ft²
$215,873
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Family Friendly 3 bedroom 2 bath Home.  Beautiful front and back porches make this home!   Walk in closets, Tile walk-in shower, laminate, tile and carpet in bedrooms.  Open Floor plan kitchen and living room area.  Chain link fence and storage shed.
Unit Size
1,512 Ft²
Days on Market
49 days
Land Size
0.36 acres
Price per sqft
$122
Property Type
House
Property Taxes
$77
HOA Dues
-
Year Built
2005

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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 #OK220161)

Price History

Date / Event Date Event Price
Jun 22, 2021 Sold
Premium
Sold
May 3, 2021 Listed by FLORIDA HOMES REALTY & MORTGAGE $184,500
Listed by FLORIDA HOMES REALTY & MORTGAGE
Jun 23, 2005 Sold
Premium
Sold
May 27, 2004 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,594
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,512
  • Gross Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BASS
  • Land Acres: 0000000358
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: BASSWOOD INCORPORATED UNIT NUMBER 2 (PLAT BOOK 3 PAGE 28) LOT 20 BLOCK 31

Neighborhood

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

Geography

  • Parcel: 1-05-37-35-0020-00310-0200
  • Block: 31
  • Lot: 20
  • Meridian: SEC 05 TWN 37S RNG 35E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2759
  • Longitude: -80.86

    Address

  • Full Address: 3572 Nw 31st Ave
  • Address - House Number: 3572
  • Street Direction: NW
  • Address - Street Name: 31st
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R022
  • 4-Digit Zip Code: 1339
  • Zip Code: 34972

Valuation

    Tax

  • Total Area: 1,728
  • Tax Year: 2022
  • Tax Amount: $234,637
  • Tax Rate Code Area: 030

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 224,430
  • High Value: 322,466
  • Low Value: 126,393

    Market Valuation

  • Market Total Value: $221,303
  • Market Land Value: $15,750
  • Market Improvement Value: $205,553

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $179,945

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 21, 2021
  • Current Sale Recording Date: Jun 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021007828
  • Previous Sale Recording Date: Jun 23, 2005
  • Previous Sale Contract Date: Jun 17, 2005
  • Previous Sale Amount: $164,900
  • 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 Okeechobee

Stats & Trends

Median Asking:

$337,900

Sale Price/ft²

$219

Below Asking

0.03%

Average Days on Market

91

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

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STELLAR

Listed by: Rebecca Barber
FLORIDA HOMES REALTY & MORTGAGE
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK220161
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 3572 Northwest 31st Avenue built and last sold?
The property at 3572 Northwest 31st Avenue was built in 2005 and last sold on Jun 21, 2021 for $184,000.
How much is this home worth?
The estimated value of the home located at 3572 Northwest 31st Avenue is $0.
What are some comparable homes to 3572 Northwest 31st Avenue?
There are currently no comparable homes to 3572 Northwest 31st Avenue.
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