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Molino 32577
5986 CEDARTOWN ROAD
$35,000
● House - Off Market

5986 CEDARTOWN ROAD

MOLINO, FL 32577
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,360 Ft²
$320
Est. Monthly
57.43%
Cap Rate

About This Property

Welcome Home! Whether you are a first-time home owner looking to add your own personal touch, or an investor looking for a project, this is the ideal investment. The bones are great, and only needs your creative touch to freshen this home up! This 3 bedroom, 2 bathroom home has the ideal floorplan with major potential. 5986 CEDARTOWN ROAD features a large living room, an eat-in kitchen, and large bedrooms. This welcoming neighborhood is waiting for you to join this tight-knit community! Opportunities like this don't last long, hurry home! Property being sold AS-IS. Seller has never occupied home therefore there are no disclosures available. Claims made in this listing are deemed correct by seller, but buyer understands it is their responsibility to confirm all info
Unit Size
1,360 Ft²
Days on Market
297 days
Land Size
0.48 acres
Price per sqft
$33
Property Type
House
Property Taxes
$99
HOA Dues
-
Year Built
1963

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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 (Stellar MLS #U8243998)

Price History

Date / Event Date Event Price
Mar 24, 2025 Sold
Premium
Sold
Mar 4, 2025 In contract -
In contract
Jan 14, 2025 Price Decreased $44,950
↓ $10K (18.2%)
Price Decreased
Nov 30, 2024 Relisted $54,950
Relisted
Nov 20, 2024 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 2
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 18
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 58
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Total Building Area: 1,360
  • Gross Building Area: 1,360
  • Building Area: 1,360
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,360
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUBDIVISION NUMBER: 1101
  • Land Acres: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • State Land Use Code: 001
  • Legal Description 1: BEG AT SW COR OF NE1/4 OF NE1/4 N 420 FT E PARL TO N LI 190 FT N 420 FT W TO COUNTY RD N ALG RD 130 FT FOR POB CONTINUE N 100 FT E 210 FT S 100 FT W 210 FT TO POB OR 41 P 145

Neighborhood

  • School District Name: Escambia County School District
  • Census Tract: 003900

Zoning

  • Zoning: RR

Geography

  • Assessors Map Reference: 10-2N-31
  • Account Number: 120197000
  • Parcel: 10-2N-31-1101-000-001
  • Block: 1
  • Meridian: SEC 10 TWN 02N RNG 31W
  • Municipality: ESCAMBIA COUNTY
  • Latitude: 30.7082
  • Longitude: -87.3285

    Address

  • Full Address: 5986 Cedartown Rd
  • Address - House Number: 5986
  • Address - Street Name: Cedartown
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Molino
  • Carrier Code: R003
  • 4-Digit Zip Code: 7159
  • Zip Code: 32577

Valuation

    Tax

  • Total Area: 1,360
  • Tax Year: 2022
  • Tax Amount: $109,359
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: MSTU

    Appraisal Valuation

  • Standard Deviation: 0.1878
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 75
  • Final Value: 157,933
  • High Value: 187,600
  • Low Value: 128,265

    Market Valuation

  • Market Total Value: $76,433
  • Market Land Value: $5,700
  • Market Improvement Value: $70,733

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,433
  • Assessed Land Value: $5,700
  • Assessed Improvements Value: $70,733
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 Molino

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 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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STELLAR

Listed by: Terry Connors, II
THE SHOP REAL ESTATE CO.
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# U8243998
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 5986 Cedartown Road built and last sold?
The property at 5986 Cedartown Road was built in 1963 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5986 Cedartown Road is $0.
What are some comparable homes to 5986 Cedartown Road?
There are currently no comparable homes to 5986 Cedartown Road.
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