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Walton 32413
59 W Salt Box Lane
$1,800,000
● House - Off Market

59 W Salt Box Lane

Inlet Beach, FL 32461
bedrooms
5 Beds
bathrooms
5 Baths
$2,574,021
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
Unit Size
-
Days on Market
44 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,373
HOA Dues
$1,290
Year Built
2007

Payment Calculator

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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: 2 years ago (ECAR #839531)

Price History

Date / Event Date Event Price
Mar 19, 2020 Sold
Premium
Sold
Feb 3, 2020 Listed by Corcoran Reverie SRB $1,800,000
Listed by Corcoran Reverie SRB
Sep 1, 2009 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 1
  • Patio Type: 92
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,500
  • Total Building Area: 4,140
  • Gross Building Area: 4,140
  • Building Area: 3,612
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,612
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERSOUND BEACH PH 2
  • Land Acres: 0000000126
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 61 WATERSOUND BEACH PH 2 PB 15-50A-D OR 2512-1951 OR 2536-1888 OR 2711-4260 OR 2824-4347 OR 3137-579

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950611

Geography

  • Assessors Map Reference: S3-20-18
  • Subdivision Phase Number: 2
  • Parcel: 20-3S-18-16011-000-0610
  • Block: 6
  • Lot: 61
  • Meridian: SEC 20 TWN 03S RNG 018
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3043
  • Longitude: -86.0726

    Address

  • Full Address: 59 Salt Box Ln
  • Address - House Number: 59
  • Address - Street Name: Salt Box
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Inlet Beach
  • Carrier Code: R035
  • 4-Digit Zip Code: 8530
  • Zip Code: 32461

Valuation

    Tax

  • Total Area: 3,020
  • Tax Year: 2022
  • Tax Amount: $1,988,984
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.4642
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 7
  • Final Value: 2,750,881
  • High Value: 4,027,873
  • Low Value: 1,473,888

    Market Valuation

  • Market Total Value: $2,399,839
  • Market Land Value: $1,041,171
  • Market Improvement Value: $1,358,668

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,399,839
  • Assessed Land Value: $1,041,171
  • Assessed Improvements Value: $1,358,668

    Sales

  • Current Sale Contract Date: Mar 18, 2020
  • Current Sale Recording Date: Mar 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20200010066
  • Previous Sale Recording Date: Sep 01, 2009
  • Previous Sale Contract Date: Aug 28, 2009
  • Previous Sale Amount: $885,000
  • 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 Walton

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$425

Below Asking

0.02%

Average Days on Market

98

Average Home Size

2271 ft²

Average Home Age

17.6 years

Currently For Sale

2338 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: Hilary & Jacob, Corcoran Reverie SRB
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 839531
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 59 Salt Box Lane West built and last sold?
The property at 59 Salt Box Lane West was built in 2007 and last sold on Mar 18, 2020 for $1,800,000.
How much is this home worth?
The estimated value of the home located at 59 Salt Box Lane West is $0.
What are some comparable homes to 59 Salt Box Lane West?
There are currently no comparable homes to 59 Salt Box Lane West.
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