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Okaloosa
51 Martin Mill Road
$149,900
● House - Off Market

51 Martin Mill Road

Baker, FL 32531
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,353 Ft²
$266,050
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Enjoy living on 21 acres in the country outside of Baker, FL. This country home has been well maintained and is ready for someone to move into. This 3 bedroom, 1 bath home has carport throughout the bedrooms, living room and dining room. Indoor / outdoor carpet is in the kitchen. Vinyl flooring in the laundry room. New tile has been installed on the bathroom floor. Screened in back porch. Home is sold ''AS IS''. Certain items do not convey with sell of home. Small 7 x 7 screened-in porched off the laundry room. Single car garage.
Unit Size
1,353 Ft²
Days on Market
-
Land Size
21.05 acres
Price per sqft
$111
Property Type
House
Property Taxes
$55
HOA Dues
-
Year Built
1958

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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 #715040)

Price History

Date / Event Date Event Price
Aug 21, 2015 Sold
Premium
Sold
Sep 27, 2014 Listed by Jan Hooks Real Estate Group Inc $149,900
Listed by Jan Hooks Real Estate Group Inc

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 10
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 242
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 914,760
  • Total Building Area: 1,852
  • Gross Building Area: 1,852
  • Building Area: 1,852
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 19
  • Heated Square Feet: 1,353
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Land Acres: 0000021000
  • Standard Land Use Code: 7000
  • County Land Use Code: 005000
  • State Land Use Code: 050
  • Legal Description 1: W1/2 OF SE1/4 OF NW1/4 & BEG AT SE COR W1/2 OF NW1/4 N 140 YDS W 35 YDS S 140 YDS E 35

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020102

Geography

  • Assessors Map Reference: 9
  • Parcel: 19-4N-25-0000-0004-0000
  • Block: 4
  • Meridian: SEC 19 TWN 04N RNG 25W
  • Municipality: COUNTY
  • Latitude: 30.8366
  • Longitude: -86.7851

    Address

  • Full Address: 51 Martin Mill Rd
  • Address - House Number: 51
  • Address - Street Name: Martin Mill
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Baker
  • Carrier Code: R042
  • 4-Digit Zip Code: 8263
  • Zip Code: 32531

Valuation

    Tax

  • Total Area: 1,558
  • Tax Year: 2023
  • Tax Amount: $107,772
  • Tax Rate Code Area: 001

    Market Valuation

  • Market Total Value: $170,322
  • Market Land Value: $76,769
  • Market Improvement Value: $93,553

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $107,037

    Sales

  • Current Sale Contract Date: Aug 17, 2015
  • Current Sale Recording Date: Aug 21, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3017368
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 Okaloosa

Stats & Trends

Median Asking:

$378,025

Sale Price/ft²

$226

Below Asking

0.02%

Average Days on Market

81

Average Home Size

1818 ft²

Average Home Age

28.1 years

Currently For Sale

1678 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: Jan N Hooks, Jan Hooks Real Estate Group Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 715040
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 51 Martin Mill Road built and last sold?
The property at 51 Martin Mill Road was built in 1958 and last sold on Aug 17, 2015 for $149,900.
How much is this home worth?
The estimated value of the home located at 51 Martin Mill Road is $0.
What are some comparable homes to 51 Martin Mill Road?
There are currently no comparable homes to 51 Martin Mill Road.
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