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Walton 32439
576 Mallet Bayou Road
$380,000
● House - Off Market

576 Mallet Bayou Road

Freeport, FL 32439
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,112 Ft²
$651,113
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

On Mallet Bayou!Fishing,Boating This beautiful 3 bedroom 3 bathroom waterfront home is INCREDIBLE. With almost an acre of land, and awesome bayou views with dock and boat lift. The Home offers a 1st floor bedroom with full bath.Double French doors leading to the two story balcony off master bedroom suite overlooking the bayou and breathtaking scenery. Outstanding features include two corner fireplaces with intricate hardwood design, and a large master bedroom suite with keeping area. The master bathroom features include an over sized jetted tub, double vanity and walk-in closet. Here is your opportunity to wake up every day in a waterfront paradise. This home is ready for year round fun. New shopping with in min of this home. Make sure to view the drone video attached to the photograph
Unit Size
2,112 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$182
Property Type
House
Property Taxes
$114
HOA Dues
-
Year Built
2005

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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 #723617)

Price History

Date / Event Date Event Price
Jul 12, 2016 Sold
Premium
Sold
Feb 12, 2015 Listed by Keller Williams Realty Destin $384,900
Listed by Keller Williams Realty Destin

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 458
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 63
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 40,249
  • Lot Size Depth Feet: 3,500
  • Lot Size Frontage Feet: 1,150
  • Total Building Area: 2,570
  • Gross Building Area: 2,570
  • Building Area: 2,112
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,112
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAIRDS 2ND ADD
  • Land Acres: 0000000924
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: COM NE/C OF LAIRDS 2ND ADD, N 1182.94FT, W 2643.82FT TO POB, S 55 DEG 4555W 90FT, N 66 DEG 5755W 373.95FT TO MALLET BAYOU, ELY ALONG WATER 140FT, S 59 DEG 1145E 339.41FT TO POB *(AKA LOT 10 OF SW1/4 OF NW1/4 E OF MALLET BAYOU) OR 3015-854

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950502

Zoning

  • Zoning: BAYN

Geography

  • Assessors Map Reference: S1-34-19
  • Parcel: 34-1S-19-23100-000-0100
  • Block: 1
  • Lot: 100
  • Meridian: SEC 34 TWN 01S RNG 019
  • Municipality: COUNTY
  • Latitude: 30.4537
  • Longitude: -86.1408

    Address

  • Full Address: 576 Mallet Bayou Rd
  • Address - House Number: 576
  • Address - Street Name: Mallet Bayou
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Freeport
  • Carrier Code: R002
  • 4-Digit Zip Code: 4604
  • Zip Code: 32439

Valuation

    Tax

  • Total Area: 2,520
  • Tax Year: 2022
  • Tax Amount: $237,789
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.2218
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 751,721
  • High Value: 918,508
  • Low Value: 584,935

    Market Valuation

  • Market Total Value: $506,197
  • Market Land Value: $237,106
  • Market Improvement Value: $269,091

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $306,865

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 08, 2016
  • Current Sale Recording Date: Jul 12, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016000022224
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 Walton

Stats & Trends

Median Asking:

$715,000

Sale Price/ft²

$398

Below Asking

0.02%

Average Days on Market

80

Average Home Size

2260 ft²

Average Home Age

17.7 years

Currently For Sale

3381 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: Laurie Hollowell Team, Keller Williams Realty Destin
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 723617
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 576 Mallet Bayou Road built and last sold?
The property at 576 Mallet Bayou Road was built in 2005 and last sold on Jul 8, 2016 for $380,000.
How much is this home worth?
The estimated value of the home located at 576 Mallet Bayou Road is $0.
What are some comparable homes to 576 Mallet Bayou Road?
There are currently no comparable homes to 576 Mallet Bayou Road.
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