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Okeechobee 34972
3853 NW 38th AVENUE
$32,000
● Land - Off Market

3853 NW 38th AVENUE

OKEECHOBEE, FL 34972
bedrooms
Studio
bathrooms
0 Bath
$189
Est. Monthly
42.27%
Cap Rate

About This Property

~Basswood~ Vacant lot-  End of road privacy. Quarter acre +/- Lot. Needs to be cleared. Quiet neighborhood. Schools nearby- shopping.
Unit Size
-
Days on Market
455 days
Land Size
0.36 acres
Price per sqft
-
Property Type
Land
Property Taxes
$17
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 #OK222812)

Price History

Date / Event Date Event Price
Aug 19, 2024 Sold
Premium
Sold
Jul 23, 2024 In contract -
In contract
May 23, 2024 Relisted $35,000
Relisted
Feb 18, 2024 In contract -
In contract
May 22, 2023 Listed by LAKE O REAL ESTATE, LLC $35,000
Listed by LAKE O REAL ESTATE, LLC
Show More

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: 15,463
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,240
  • 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: BASS
  • Land Acres: 0000000355
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: BASSWOOD, INC. UNIT NO 3 (PLAT BOOK 3 PAGE 37) LOT 4 BLOCK 42

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910101

Geography

  • Parcel: 1-05-37-35-0030-00420-0040
  • Block: 42
  • Lot: 4
  • Meridian: SEC 05 TWN 37S RNG 35E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2786
  • Longitude: -80.8676

    Address

  • Full Address: 3853 Nw 38th Ave
  • Legal Unit: 3
  • Address - House Number: 3853
  • Street Direction: NW
  • Address - Street Name: 38th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Okeechobee
  • Zip Code: 34972

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,488
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $13,125
  • Market Land Value: $13,125

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,125
  • Assessed Land Value: $13,125

    Sales

  • Current Sale Contract Date: Dec 28, 2015
  • Current Sale Recording Date: Jan 05, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016000032
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

$223

Below Asking

0.03%

Average Days on Market

82

Average Home Size

1584 ft²

Average Home Age

26.3 years

Currently For Sale

232 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: Jody Carter
LAKE O REAL ESTATE, LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK222812
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 3853 Northwest 38th Avenue built and last sold?
The property at 3853 Northwest 38th Avenue was built in and last sold on Dec 28, 2015 for $3,800.
How much is this home worth?
The estimated value of the home located at 3853 Northwest 38th Avenue is $0.
What are some comparable homes to 3853 Northwest 38th Avenue?
There are currently no comparable homes to 3853 Northwest 38th Avenue.
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