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Freeport 32439
72 Cornelia Street
$340,000
● House - Off Market

72 Cornelia Street

Freeport, FL 32439
bedrooms
3 Beds
bathrooms
2 Baths
$376,126
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Lovely 3 bedroom, 2 bath home located in the highly desirable community of Hammock Bay! Enjoy access to multiple amenities such as community pool, tennis courts, basketball courts, pet parks, nature trails and more! This single story home has an open concept floor plan has been meticulously cared for and is move in ready. Features include a spacious living area, an oversized kitchen and beautiful, durable vinyl floors throughout the common areas. Contact us today to schedule a private showing!
Unit Size
-
Days on Market
70 days
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$161
HOA Dues
$939
Year Built
2018

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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 #914532)

Price History

Date / Event Date Event Price
Mar 20, 2023 Sold
Premium
Sold
Jan 8, 2023 Listed by Lambert Realty and Development $365,000
Listed by Lambert Realty and Development
May 8, 2018 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,401
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 480
  • Total Building Area: 2,082
  • Gross Building Area: 2,082
  • Building Area: 1,662
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,662
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAMMOCK BAY
  • Land Acres: 0000000124
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 90 SCHOONER LANDING AT HAMMOCK BAY PB 18-20 OR 2908-3748 OR 3073-214

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950502

Zoning

  • Zoning: HAMBAY

Geography

  • Assessors Map Reference: S1-17-19
  • Parcel: 17-1S-19-23090-000-0900
  • Block: 9
  • Lot: 90
  • Meridian: SEC 17 TWN 01S RNG 019
  • Municipality: COUNTY
  • Latitude: 30.4859
  • Longitude: -86.1655

    Address

  • Full Address: 72 Cornelia St
  • Address - House Number: 72
  • Address - Street Name: Cornelia
  • Address - Suffix Type: St
  • State: FL
  • City Name: Freeport
  • Carrier Code: R009
  • 4-Digit Zip Code: 7630
  • Zip Code: 32439

Valuation

    Tax

  • Total Area: 1,979
  • Tax Year: 2022
  • Tax Amount: $193,364
  • Tax Rate Code Area: 002

    Appraisal Valuation

  • Standard Deviation: 0.2709
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 389,749
  • High Value: 495,334
  • Low Value: 284,165

    Market Valuation

  • Market Total Value: $281,538
  • Market Land Value: $46,818
  • Market Improvement Value: $234,720

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $186,882

    Sales

  • Current Sale Contract Date: Mar 20, 2023
  • Current Sale Recording Date: Mar 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9450
  • Previous Sale Recording Date: May 08, 2018
  • Previous Sale Contract Date: Apr 27, 2018
  • Previous Sale Amount: $186,950
  • Previous Sale Document Type: 68
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 Freeport

Stats & Trends

Median Asking:

$393,504

Sale Price/ft²

$199

Below Asking

0.03%

Average Days on Market

94

Average Home Size

2164 ft²

Average Home Age

5.5 years

Currently For Sale

296 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: Nathan T Lambert, Lambert Realty and Development
Last Updated: 8 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 914532
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 72 Cornelia Street built and last sold?
The property at 72 Cornelia Street was built in 2018 and last sold on Mar 20, 2023 for $340,000.
How much is this home worth?
The estimated value of the home located at 72 Cornelia Street is $0.
What are some comparable homes to 72 Cornelia Street?
There are currently no comparable homes to 72 Cornelia Street.
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