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Okaloosa
5892 Jack Stokes Road
$380,000
● House - Off Market

5892 Jack Stokes Road

Baker, FL 32531
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,788 Ft²
$1,939
Est. Monthly
5.93%
Cap Rate

About This Property

There is space for all the activities on this cleared 4.5 acre property that features a spacious 3 bedroom, 2 bath home with 2 living spaces.  There are new floors, fixtures, and fresh paint throughout the home.  This home features a covered porch and patio along with 2 detached garages.
Unit Size
1,788 Ft²
Days on Market
-
Land Size
4.50 acres
Price per sqft
$210
Property Type
House
Property Taxes
$97
HOA Dues
-
Year Built
1990

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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 #955180)

Price History

Date / Event Date Event Price
Dec 12, 2024 Sold
Premium
Sold
Jul 21, 2024 Listed by The Property Group 850 Inc $375,000
Listed by The Property Group 850 Inc
Apr 3, 2000 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • 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: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 825
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 196,020
  • Total Building Area: 2,913
  • Gross Building Area: 2,913
  • Building Area: 1,788
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,788
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004500
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: N1/2 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-25-0000-0012-0050
  • Block: 12
  • Meridian: SEC 36 TWN 04N RNG 25W
  • Municipality: COUNTY
  • Latitude: 30.8054
  • Longitude: -86.6922

    Address

  • Full Address: 5892 Jack Stokes Rd
  • Address - House Number: 5892
  • 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: 2,320
  • Tax Year: 2023
  • Tax Amount: $116,105
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1666
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 362,778
  • High Value: 423,232
  • Low Value: 302,324

    Market Valuation

  • Market Total Value: $236,042
  • Market Land Value: $29,232
  • Market Improvement Value: $206,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $145,563

    Sales

  • Current Sale Contract Date: Mar 31, 2000
  • Current Sale Recording Date: Apr 03, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1761868
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:

$378,533

Sale Price/ft²

$226

Below Asking

0.02%

Average Days on Market

81

Average Home Size

1821 ft²

Average Home Age

28.5 years

Currently For Sale

1621 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

Rentals Near You

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ECAR

Listed by: Matthew R Hoover, The Property Group 850 Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 955180
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 5892 Jack Stokes Road built and last sold?
The property at 5892 Jack Stokes Road was built in 1990 and last sold on Mar 31, 2000 for $124,900.
How much is this home worth?
The estimated value of the home located at 5892 Jack Stokes Road is $0.
What are some comparable homes to 5892 Jack Stokes Road?
There are currently no comparable homes to 5892 Jack Stokes Road.
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