$529,900
↓ $20K (3.6%)
●
House -
For Sale
7514 Laird Road
Florala, AL 36442
3 Beds
3 Baths
2,400 Ft²
$2,605
Est. Monthly
About This Property
Custom-built Country home on 11.3 acres. 3/3 beauty offers 2400
sqft of heated and cooled living space and 4032 sqft under roof
perfect for family gatherings. Home welcomes you with a large
covered front porch and enters into a grand open living/kitchen
combo with vaulted ceilings covered in poplar wood. Living room
offers custom built ins centered around a fireplace, kitchen
features a farmhouse sink, bar that sits up to 10 people, built-in
oven and microwave combo, gas range, and custom cabinetry. MBR is
covered with poplar wood as well, offers his and her closets,
double vanities in BA, custom tile shower and large soaker tub.
Spray-foamed ceilings and batten insulation keep energy cost low.
Outside a 50-amp RV hookup, carport, and large covered back
porch,
Unit Size
2,400 Ft²
Days on Market
169 days
Land Size
11.30 acres
Price per sqft
$221
Property Type
House
Property Taxes
$3
HOA Dues
-
Year Built
-
Listed By
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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 months ago (ECAR #1001342)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 17, 2026 | Price Decreased |
$529,900
↓ $20K
(3.6%) | |
| Price Decreased | |||
| Apr 23, 2026 | Listed by Merrifield & Pilcher Realty | $549,900 | |
| Listed by Merrifield & Pilcher Realty | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Carport
Parking Features: Carport, Covered
Interior Details
Full Bathrooms: 3
Interior Features: Breakfast Bar, Bookcases, Kitchen Island, Pantry, Ceiling Vaulted, Fireplace, Lighting Recessed, Newly Painted, Pull Down Stairs, Shelving, Split Bedroom, Washer/Dryer Hookup, Woodwork Stained
Appliances: Cooktop, Microwave, Refrigerator, Water Heater, Smoke Detector, Stove/Oven Gas
Flooring Type: Laminate, Floor WW Carpet
Rooms: 13
Exterior Details
Square Footage: 2400
Property Condition: Construction Complete
Architectural Style: Country
Year Built: 2025
Building Area Total: 2400
Window Features: Storm Window(s)
Construction Materials: Siding Shake, Siding Wood
Patio and Porch Features: Porch, Porch
Lot Features: Level, Wooded
Lot Size Area: 11.3
Lot Size Units: Acres
Lot Size Acres: 11.3
Lot Size Square Feet: 492228
Lot Size Dimensions: 1205 x 839 x 1495
Financial Details
Tax Annual Amount: $32
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Sewer : Septic Tank
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Covington
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Listed by: Christa V Merrifield, Merrifield & Pilcher Realty
Last Updated: 2 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1001342
Last Updated: 2 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1001342
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