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Okaloosa
5888 JACK STOKES Road
$260,000
● House - Off Market

5888 JACK STOKES Road

Baker, FL 32531
bedrooms
3 Beds
bathrooms
2 Baths
$450,808
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

This custom built home is a must see! Located on 5 acres this property boasts three outside storage areas. One of which IS set up as a shop with air conditioning, electric, water and bathroom. This home contains many upgrades including granite countertops,high ceilings,cultured marble, and decorative concrete floors throughout. Room for horses and could even turn one shed into a single stable if wanted. there is also creek frontage on the backside of the property No restrictions. Must see to appreciate.
Unit Size
-
Days on Market
102 days
Land Size
5.00 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2002

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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: 8 months ago (ECAR #769193)

Price History

Date / Event Date Event Price
Jun 1, 2017 Sold
Premium
Sold
Feb 10, 2017 Listed by Keller Williams Realty Destin $279,000
Listed by Keller Williams Realty Destin

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 408
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 3,394
  • Gross Building Area: 3,394
  • Building Area: 2,126
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,126
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005000
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: S1/2 OF NE1/4 OF NE1/4 OF SE1/4 LESS CO R/W

Neighborhood

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

Geography

  • Assessors Map Reference: 9
  • Parcel: 36-4N-25-0000-0012-0060
  • Block: 12
  • Meridian: SEC 36 TWN 04N RNG 25W
  • Municipality: COUNTY
  • Latitude: 30.8043
  • Longitude: -86.6921

    Address

  • Full Address: 5888 Jack Stokes Rd
  • Address - House Number: 5888
  • Address - Street Name: Jack Stokes
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Baker
  • Carrier Code: R044
  • 4-Digit Zip Code: 2508
  • Zip Code: 32531

Valuation

    Tax

  • Total Area: 2,477
  • Tax Year: 2023
  • Tax Amount: $136,258
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1666
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 402,439
  • High Value: 469,503
  • Low Value: 335,376

    Market Valuation

  • Market Total Value: $255,580
  • Market Land Value: $29,232
  • Market Improvement Value: $226,348

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $166,489

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 26, 2017
  • Current Sale Recording Date: Jun 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3138244
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:

$371,900

Sale Price/ft²

$219

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1850 ft²

Average Home Age

29 years

Currently For Sale

2372 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: Kelli R Oglesby, Keller Williams Realty Destin
Last Updated: 8 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 769193
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 5888 Jack Stokes Road built and last sold?
The property at 5888 Jack Stokes Road was built in 2002 and last sold on May 26, 2017 for $260,000.
How much is this home worth?
The estimated value of the home located at 5888 Jack Stokes Road is $0.
What are some comparable homes to 5888 Jack Stokes Road?
There are currently no comparable homes to 5888 Jack Stokes Road.
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