$220,000
●
Condo -
Off Market
4334 SE US Highway 441 SE #1
Okeechobee, FL 34974
2 Beds
2 Baths
1,088 Ft²
$1,829
Est. Monthly
$442
HOA / Fees
About This Property
The Cottages at the Lake are Key West style cottages on the Rim
Canal. This fully furnished 2 bedroom, 2 bath cottage with covered
front porch and back deck is a fisherman's dream. This is a
must see 1088 sq ft under air end unit with assigned dock on the
Rim Canal accommodating up to a 25 ft boat. Owner is assigned
covered parking spot #11. Perfect for a small family, vacation
cottage, investment rental, etc..
Unit Size
1,088 Ft²
Days on Market
89 days
Land Size
0.03 acres
Price per sqft
$221
Property Type
Condo
Property Taxes
$208
HOA Dues
$442
Year Built
2005
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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 months ago (MCRTC #M20044192)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 3, 2024 | Sold | ||
| Sold | |||
| Apr 5, 2024 | Listed by Indiantown Realty Corp | $240,000 | |
| Listed by Indiantown Realty Corp | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Parking Features: Assigned, Covered, Guest
Interior Details
Full Bathrooms: 2
Interior Features: Cathedral Ceiling(s), Entrance Foyer, Eat-in Kitchen, Kitchen Island, Bar, FamilyDiningRoom, FrenchDoorsAtriumDoors, PrimaryDownstairs, LivingDiningRoom, SplitBedrooms, SeparateShower
Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Water Heater, Washer, SomeElectricAppliances
Flooring Type: Carpet, Laminate, Tile
Rooms: 1
Exterior Details
Has Property Attached
Square Footage: 1088
Square Footage Source: $0
Security Features: Smoke Detector(s)
Property Condition: Resale
Architectural Style: Courtyard, Florida, PatioHome
Year Built: 2007
Building Area Total: 1468
Construction Materials: Other, Vinyl Siding, Mixed
Patio and Porch Features: Covered, Patio
Lot Size Area: 0.028
Lot Size Units: Acres
Lot Size Acres: 0.028
Lot Size Square Feet: 1219.68
Water Source: Public
Financial Details
Tax Annual Amount: $2,494
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric
Heating Type: Central, Electric
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, CommonAreas, Parking, ReserveFund
HOA Fee: $442
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/14/2024
|
2 Bed
|
2 Bath
|
1434 ft²
|
$260,000
2 Bed
2 Bath
1434 ft²
|
$250,000
-3.85%
12/10/2024
|
Maby Cuevas
The Keyes Company
| |
|
04/05/2024
|
2 Bed
|
2 Bath
|
1088 ft²
|
$240,000
2 Bed
2 Bath
1088 ft²
|
$220,000
-8.33%
07/03/2024
|
Tera Parsons
Indiantown Realty Corp
| |
|
02/23/2024
|
2 Bed
|
2 Bath
|
866 ft²
|
$215,000
2 Bed
2 Bath
866 ft²
|
$214,000
-0.47%
05/30/2024
|
Lori Mixon
Mixon Real Estate Group
| |
|
11/14/2023
|
2 Bed
|
2 Bath
|
1504 ft²
|
$275,000
2 Bed
2 Bath
1504 ft²
|
$267,500
-2.73%
12/20/2023
|
Susan M Wood
Reliant Realty ERA Powered
| |
|
10/03/2023
|
1 Bed
|
2 Bath
|
1082 ft²
|
$224,900
1 Bed
2 Bath
1082 ft²
|
$220,000
-2.18%
10/23/2023
|
Kevin Tolbert, PA
KELLER WILLIAMS ADVANTAGE III
| |
|
06/12/2023
|
1 Bed
|
2 Bath
|
1088 ft²
|
$229,000
1 Bed
2 Bath
1088 ft²
|
$213,000
-6.99%
01/08/2024
|
Samantha Saucedo
TUCKER GROUP LLC
| |
|
04/18/2023
| |
1 Bed
|
2 Bath
|
1082 ft²
|
$224,900
1 Bed
2 Bath
1082 ft²
|
$220,000
-2.18%
10/24/2023
|
Kevin Tolbert
Keller Williams Advantage III
|
|
02/14/2023
|
1 Bed
|
2 Bath
|
1082 ft²
|
$239,000
1 Bed
2 Bath
1082 ft²
|
-
-
|
Kevin Tolbert, PA
KELLER WILLIAMS ADVANTAGE III
| |
|
12/13/2020
|
1 Bed
|
2 Bath
|
1090 ft²
|
$139,900
1 Bed
2 Bath
1090 ft²
|
$139,900
03/30/2021
|
Caroline Fallon
Shepard Realty
| |
|
10/01/2020
|
2 Bed
|
2 Bath
|
1434 ft²
|
$178,500
2 Bed
2 Bath
1434 ft²
|
$160,000
-10.36%
10/07/2021
|
Caroline Fallon
Shepard Realty
| |
|
03/28/2020
|
1 Bed
|
2 Bath
|
1082 ft²
|
$195,000
1 Bed
2 Bath
1082 ft²
|
$215,000
+10.26%
11/12/2021
|
Delane Guettler
Compass Real Estate Group, Inc
| |
|
07/13/2015
|
2 Bed
|
2 Bath
|
1504 ft²
|
$109,900
2 Bed
2 Bath
1504 ft²
|
$97,000
-11.74%
01/28/2016
|
Teran Gilmette
Keller Williams Realty of PSL
|
Building Info
About Taylor Creek
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Listed by: Tera Parsons, Indiantown Realty Corp
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20044192
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20044192
The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than RH Advisors, Inc. and RHP Realty NJ, Inc. are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.
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