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Okeechobee 34974
5265 SE 42nd Trac
$132,000
● House - Off Market

5265 SE 42nd Trac

Okeechobee, FL 34974
bedrooms
3 Beds
bathrooms
2 Baths
$209,417
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Beautiful 3 Bedroom 2 Bath Home in the Kings Bay Subdivision. This home has a wonderful modern style which includes a roomy kitchen with plenty of cabinet space, wood flooring in the living area, comfortably sized bedrooms, a separate laundry room off of the kitchen, tall windows, high ceilings, a metal roof, a small covered porch in the front, and an open back porch for entertaining. The home is situated at the end of low traffic street. HOA fees for the community are low at only $65 per month which includes lawn maintenance and access to the community swimming pool.
Unit Size
-
Days on Market
-
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$70
HOA Dues
$65
Year Built
2003

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 (Space Coast MLS #835048)

Price History

Date / Event Date Event Price
Mar 11, 2019 Sold
Premium
Sold
Jan 23, 2019 Listed by Mira Realty, LLC $140,000
Listed by Mira Realty, LLC
Apr 1, 2011 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 412
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,619
  • Total Building Area: 1,194
  • Gross Building Area: 1,393
  • Building Area: 1,194
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,194
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KINGS
  • Land Acres: 0000000129
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: KINGS BAY (PLAT BOOK 5 PAGES 91 THROUGH 94) LOT 20 BLOCK 5

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910500

Geography

  • Parcel: 1-31-37-36-0010-00050-0200
  • Block: 5
  • Lot: 20
  • Meridian: SEC 31 TWN 37S RNG 36E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2053
  • Longitude: -80.7728

    Address

  • Full Address: 5265 Se 42nd
  • Address - House Number: 5265
  • Street Direction: SE
  • Address - Street Name: 42nd
  • State: FL
  • City Name: Okeechobee
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 1,285
  • Tax Year: 2022
  • Tax Amount: $167,859
  • Tax Rate Code Area: 030

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 147,148
  • High Value: 211,425
  • Low Value: 82,870

    Market Valuation

  • Market Total Value: $213,360
  • Market Land Value: $9,540
  • Market Improvement Value: $203,820

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,347

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 08, 2019
  • Current Sale Recording Date: Mar 11, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019002528
  • Previous Sale Recording Date: Apr 01, 2011
  • Previous Sale Contract Date: Mar 31, 2011
  • Previous Sale Amount: $90,000
  • Previous 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 Okeechobee

Stats & Trends

Median Asking:

$337,900

Sale Price/ft²

$218

Below Asking

0.03%

Average Days on Market

92

Average Home Size

1520 ft²

Average Home Age

25.4 years

Currently For Sale

181 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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SpaceCoast

Listed by: Joseph Warren Stas, Mira Realty, LLC
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 835048
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 5265 Southeast 42 Trac built and last sold?
The property at 5265 Southeast 42 Trac was built in 2003 and last sold on Mar 8, 2019 for $132,000.
How much is this home worth?
The estimated value of the home located at 5265 Southeast 42 Trac is $0.
What are some comparable homes to 5265 Southeast 42 Trac?
There are currently no comparable homes to 5265 Southeast 42 Trac.
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