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Lee 36804
475 Lee Rd 262
$170,000
● Mobile Manufactured - Off Market

475 Lee Rd 262

Opelika, AL 36804
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,904 Ft²
$892
Est. Monthly
16.29%
Cap Rate

About This Property

Back on the market!  No fault of the seller. Nicely renovated 4BR/2BA manufactured home in the Beulah community will not disappoint!  Home features new siding, roof, HVAC system, and new gravel driveway on the exterior.  Inside you will find new LVP flooring, carpeting, and fresh paint throughout.  The kitchen has been updated with new cabinets, granite countertops, and SS appliances.  Master Bath has sep. shower, soaking tub, new vanity, and granite countertops.  Hall bath has new vanity, granite, and light fixtures.  The home also offers lots of living space with a Living Room, Den, and Dining room.  Front and rear decks were recently added on.  Lot is approximately .54 acre. Outbuilding will remain.
Unit Size
1,904 Ft²
Days on Market
279 days
Land Size
0.54 acres
Price per sqft
$94
Property Type
Mobile Manufactured
Property Taxes
$8
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: 9 months ago (GAMLS #10345367)

Price History

Date / Event Date Event Price
Apr 30, 2025 Sold
Premium
Sold
Apr 5, 2025 In contract -
In contract
Mar 9, 2025 Relisted $179,900
Relisted
Jan 25, 2025 In contract -
In contract
Dec 22, 2024 Relisted $179,900
Relisted
Show More

Property Highlights

Air Conditioning

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: 19,603
  • 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: BEULAH CREEK
  • Land Acres: 0000000450
  • Standard Land Use Code: 8000
  • County Land Use Code: 9999
  • Legal Description 1: LOT 5 BEULAH CREEK S/D PLAT 20-16 SEC 21 T20N R28E

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 041802

Geography

  • Account Number: 91239
  • Parcel: 02-05-21-0-000-039-000
  • Lot: 5
  • Meridian: SEC 21 TWN 20N RNG 28E
  • Municipality: COUNTY
  • Latitude: 32.7095
  • Longitude: -85.2494

    Address

  • Full Address: 475 Lee Road 262
  • Address - House Number: 475
  • Address - Street Name: Lee Road 262
  • State: AL
  • City Name: Opelika
  • Carrier Code: R004
  • 4-Digit Zip Code: 1574
  • Zip Code: 36804

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,840
  • Tax Rate Code Area: 05

    Market Valuation

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

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,400
  • Assessed Land Value: $2,400

    Sales

  • Current Sale Recording Date: Dec 08, 2009
  • Current 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 Lee

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$181

Below Asking

0.02%

Average Days on Market

78

Average Home Size

4804 ft²

Average Home Age

19.7 years

Currently For Sale

16 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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GAMLS

Listed by: Lori Terry, Lori Terry Home Town Realty
Last Updated: 9 months ago
Data Source: GAMLS, MLS# 10345367
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
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 475 Lee Road 262 built and last sold?
The property at 475 Lee Road 262 was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 475 Lee Road 262 is $0.
What are some comparable homes to 475 Lee Road 262?
There are currently no comparable homes to 475 Lee Road 262.
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