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Walton 32413
60 CANNONBALL Lane #LOT178
$847,900
● House - Off Market

60 CANNONBALL Lane #LOT178

Inlet Beach, FL 32461
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
3,196 Ft²
$1,401,338
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

This Custom home built by Huff Homes of FL will have approximately 3,196 Sq. Ft., 5 BR/5 1/2 Bathrooms and a 2 car garage, located on a much desired premium lot. This home will have exterior fireplace, under cabinet lighting, and many other luxury upgrades.
Unit Size
3,196 Ft²
Days on Market
-
Land Size
-
Price per sqft
$261
Property Type
House
Property Taxes
-
HOA Dues
$475
Year Built
2016

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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 MLS #745732)

Price History

Date / Event Date Event Price
Jan 3, 2017 Sold
Premium
Sold
Jan 31, 2016 Listed by Berkshire Hathaway HomeServices $832,900
Listed by Berkshire Hathaway HomeServices
Jan 14, 2016 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 19
  • Building Condition: 0
  • Building Quality: 9
  • 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
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 608
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 680
  • Total Building Area: 4,791
  • Gross Building Area: 4,791
  • Building Area: 4,183
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 4,183
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERSOUND PHS 1
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 178 WINTER GARDEN 3 AT WATERSOUND PHS 1 PB 19-7 OR 2985-3431 OR 2999-3144 OR 3030-504

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950610

Geography

  • Assessors Map Reference: S3-25-18
  • Subdivision Phase Number: 1
  • Parcel: 25-3S-18-16220-000-1780
  • Block: 17
  • Lot: 178
  • Meridian: SEC 25 TWN 03S RNG 018
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.2937
  • Longitude: -86.0061

    Address

  • Full Address: 60 Cannonball Ln
  • Address - House Number: 60
  • Address - Street Name: Cannonball
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Inlet Beach
  • Carrier Code: R019
  • 4-Digit Zip Code: 8579
  • Zip Code: 32461

Valuation

    Tax

  • Total Area: 4,297
  • Tax Year: 2022
  • Tax Amount: $705,166
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2678
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 2,601,136
  • High Value: 3,297,932
  • Low Value: 1,904,340

    Market Valuation

  • Market Total Value: $1,336,095
  • Market Land Value: $135,088
  • Market Improvement Value: $1,201,007

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $799,081

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 30, 2016
  • Current Sale Recording Date: Jan 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0000128
  • Previous Sale Recording Date: Jan 14, 2016
  • Previous Sale Contract Date: Dec 31, 2015
  • Previous Sale Amount: $322,500
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: ADJ
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:

$695,000

Sale Price/ft²

$394

Below Asking

0.02%

Average Days on Market

79

Average Home Size

2262 ft²

Average Home Age

17.4 years

Currently For Sale

2355 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: Sherry L McCollum, Berkshire Hathaway HomeServices
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 745732
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 60 Cannonball Lane built and last sold?
The property at 60 Cannonball Lane was built in 2016 and last sold on Dec 30, 2016 for $847,900.
How much is this home worth?
The estimated value of the home located at 60 Cannonball Lane is $0.
What are some comparable homes to 60 Cannonball Lane?
There are currently no comparable homes to 60 Cannonball Lane.
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