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Marion 34420
7240 SE 124th STREET
$229,000
● House - Off Market

7240 SE 124th STREET

BELLEVIEW, FL 34420
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,144 Ft²
$236,766
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Home Sweet Home... a picket fence greets you at this picture perfect home.  Nestled amongst the trees in the quaint neighborhood of Belleview's Sunny Skies with no deed restrictions, no Homeowners Associations, no CDD's.  This immaculately cared for home features 3BR/2BA a split floor plan with hard surface floors throughout and ceiling fans in every room.  In addition to the living space there is a 340 sq ft screened patio shaded by the private backyard. This property is double fenced with fencing in the front yard and separate fencing in the back.  Complete with a utility shed/workshop.  Move in Ready, call today for a private showing!
Unit Size
1,144 Ft²
Days on Market
41 days
Land Size
0.24 acres
Price per sqft
$200
Property Type
House
Property Taxes
$113
HOA Dues
-
Year Built
2006

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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: 3 years ago (Stellar MLS #OM642906)

Price History

Date / Event Date Event Price
Aug 31, 2022 Sold
Premium
Sold
Jul 20, 2022 Listed by CRYSTAL SNOOK REAL ESTATE $229,000
Listed by CRYSTAL SNOOK REAL ESTATE
Jan 18, 2006 Sold
Premium
Sold
Mar 22, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 2
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 10
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 11
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 312
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,456
  • Gross Building Area: 1,852
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BELLEVIEW
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: SEC 05 TWP 17 RGE 23 PLAT BOOK F PAGE 144 BELLEVIEW`S SUNNY SKIES BLK D LOT 23

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 000803

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 237
  • Parcel: 4530-004-023
  • Block: D
  • Lot: 23
  • Meridian: SEC 5 TWN 17S RNG 23E
  • Municipality: COUNTY - SJRWMD-OR
  • Latitude: 29.0416
  • Longitude: -82.0332

    Address

  • Full Address: 7240 Se 124th St
  • Address - House Number: 7240
  • Street Direction: SE
  • Address - Street Name: 124th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Belleview
  • Carrier Code: R005
  • 4-Digit Zip Code: 4582
  • Zip Code: 34420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $274,637
  • Tax Rate Code Area: 9001

    Appraisal Valuation

  • Standard Deviation: 0.2598
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 63
  • Final Value: 226,839
  • High Value: 285,773
  • Low Value: 167,905

    Market Valuation

  • Market Total Value: $155,319
  • Market Land Value: $14,700
  • Market Improvement Value: $140,619

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,319
  • Assessed Land Value: $14,700
  • Assessed Improvements Value: $140,619

    Sales

  • Current Sale Contract Date: Aug 30, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 127795
  • Previous Sale Recording Date: Jan 18, 2006
  • Previous Sale Contract Date: Jan 13, 2006
  • Previous Sale Amount: $139,900
  • 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 Marion

Stats & Trends

Median Asking:

$287,900

Sale Price/ft²

$175

Below Asking

0.01%

Average Days on Market

91

Average Home Size

1894 ft²

Average Home Age

20.7 years

Currently For Sale

3875 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

Unit for rent at 13705 Se 54th Court, SUMMERFIELD, FL, 34491

$1,695 /mo

  • 3 Beds
  • 2 Baths
  • 1,416 ft²
13705 Se 54th Court, SUMMERFIELD, FL, 34491 Listing by Jeremy Gunn
Unit for rent at 26 Olive Circle, OCALA, FL, 34472

$1,875 /mo

  • 3 Beds
  • 2 Baths
  • 1,453 ft²
26 Olive Circle, OCALA, FL, 34472 Listing by Talley Alliston

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Crystal Snook
CRYSTAL SNOOK REAL ESTATE
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM642906
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 7240 Southeast 124th Street built and last sold?
The property at 7240 Southeast 124th Street was built in 2006 and last sold on Aug 30, 2022 for $229,000.
How much is this home worth?
The estimated value of the home located at 7240 Southeast 124th Street is $230,493.
What are some comparable homes to 7240 Southeast 124th Street?
There are currently no comparable homes to 7240 Southeast 124th Street.
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