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Okaloosa 32569 Sandy Ridge Estates
422 Sandy Ridge Circle
$232,750
● House - Off Market

422 Sandy Ridge Circle

Mary Esther, FL 32569
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,660 Ft²
$393,700
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

NEW HOME WITHIN MILES TO MILITARY BASE AND BEACHES! This Beautiful house has totally been rebuilt. The builder had Luxury in mind when designing the interior of this home. You will be captivated by the impeccable quality and workmanship throughout the entire home. Custom flooring-Stainless steel appliances-Granite counter-tops-crown molding-Custom cabinets- Duel vanities-Privacy fence and much more!!
Unit Size
1,660 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$141
Property Type
House
Property Taxes
$36
HOA Dues
-
Year Built
1993

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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 #759979)

Price History

Date / Event Date Event Price
May 18, 2023 Sold
Premium
Sold
Apr 6, 2023 No longer available -
No longer available
Apr 4, 2023 Listed by World Impact Real Estate $372,000
Listed by World Impact Real Estate
Sep 24, 2020 Sold
Premium
Sold
Aug 25, 2020 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,600
  • Total Building Area: 2,422
  • Gross Building Area: 2,422
  • Building Area: 1,670
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,670
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SANDY RIDGE EST
  • Land Acres: 0000000129
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SANDY RIDGE EST LOT 23 BLK B

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023100

Geography

  • Assessors Map Reference: 49
  • Parcel: 16-2S-25-212B-000B-0230
  • Block: B
  • Lot: 23
  • Meridian: SEC 16 TWN 02S RNG 25W
  • Municipality: FLOROSA FIRE (SW)
  • Latitude: 30.4098
  • Longitude: -86.7618

    Address

  • Full Address: 422 Sandy Ridge Cir
  • Address - House Number: 422
  • Address - Street Name: Sandy Ridge
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Mary Esther
  • Carrier Code: R005
  • 4-Digit Zip Code: 2112
  • Zip Code: 32569

Valuation

    Tax

  • Total Area: 2,006
  • Tax Year: 2023
  • Tax Amount: $350,259
  • Tax Rate Code Area: 021

    Appraisal Valuation

  • Standard Deviation: 0.2602
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 379,838
  • High Value: 478,685
  • Low Value: 280,992

    Market Valuation

  • Market Total Value: $303,836
  • Market Land Value: $51,104
  • Market Improvement Value: $252,732

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,836
  • Assessed Land Value: $51,104
  • Assessed Improvements Value: $252,732

    Sales

  • Current Sale Contract Date: May 12, 2023
  • Current Sale Recording Date: May 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3624523
  • Previous Sale Recording Date: Sep 24, 2020
  • Previous Sale Contract Date: Sep 23, 2020
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Sandy Ridge Estates

Stats & Trends

Median Asking:

$329,200

Sale Price/ft²

$227

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1236 ft²

Average Home Age

32.5 years

Currently For Sale

0 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: Shannon W Henley, World Impact Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 759979
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 422 Sandy Ridge Circle built and last sold?
The property at 422 Sandy Ridge Circle was built in 1993 and last sold on May 12, 2023 for $375,000.
How much is this home worth?
The estimated value of the home located at 422 Sandy Ridge Circle is $0.
What are some comparable homes to 422 Sandy Ridge Circle?
There are currently no comparable homes to 422 Sandy Ridge Circle.
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