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Okaloosa 32567
7761 Clary Road
$29,900
● Mobile Manufactured - Off Market

7761 Clary Road

Laurel Hill, FL 32567
bedrooms
2 Beds
bathrooms
1 Bath
square feet
686 Ft²
$68,752
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model

About This Property

Nice almost 5 acres to build your dream home on, in a quiet country setting. There is presently a small mobile home on the property that is in great shape with all the utilities in place, water, electric and septic. The home could be a great investment as well. The land is mostly wooded and has lots of potential. Come and look today!
Unit Size
686 Ft²
Days on Market
-
Land Size
4.74 acres
Price per sqft
$58
Property Type
Mobile Manufactured
Property Taxes
$48
HOA Dues
-
Year Built
2022

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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 #741613)

Price History

Date / Event Date Event Price
Mar 21, 2024 Sold
Premium
Sold
Jan 27, 2024 No longer available -
No longer available
Jan 26, 2024 Listed by RE/MAX Agency One $150,000
Listed by RE/MAX Agency One
Mar 16, 2016 Sold
Premium
Sold
Nov 11, 2015 Listed by RE/MAX Agency One $39,500
Listed by RE/MAX Agency One
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 10
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 226,512
  • Total Building Area: 840
  • Gross Building Area: 840
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 14
  • Heated Square Feet: 840
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOT 20
  • Land Acres: 0000005200
  • Standard Land Use Code: 1006
  • County Land Use Code: 000220
  • State Land Use Code: 002
  • Mobile Home Indicator: T
  • Legal Description 1: LOT 20: COM NE COR S1032.9 FT TO POB W325.8 FT S3 DEG E301.2 FT S4 DEG W391.9 FT

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020200

Geography

  • Assessors Map Reference: 7
  • Parcel: 15-5N-23-0000-0001-0110
  • Block: 1
  • Lot: 20
  • Meridian: SEC 15 TWN 05N RNG 23W
  • Municipality: COUNTY
  • Latitude: 30.9353
  • Longitude: -86.5238

    Address

  • Full Address: 7761 Clary Rd
  • Address - House Number: 7761
  • Address - Street Name: Clary
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Laurel Hill
  • Carrier Code: R034
  • 4-Digit Zip Code: 8117
  • Zip Code: 32567

Valuation

    Tax

  • Total Area: 840
  • Tax Year: 2023
  • Tax Amount: $106,793
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1275
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 85
  • Final Value: 163,898
  • High Value: 184,806
  • Low Value: 142,989

    Market Valuation

  • Market Total Value: $99,286
  • Market Land Value: $42,989
  • Market Improvement Value: $56,297

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $99,286
  • Assessed Land Value: $42,989
  • Assessed Improvements Value: $56,297

    Sales

  • Current Sale Contract Date: Mar 15, 2024
  • Current Sale Recording Date: Mar 21, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3677902
  • Previous Sale Recording Date: Mar 16, 2016
  • Previous Sale Contract Date: Mar 15, 2016
  • Previous Sale Amount: $29,900
  • Previous Sale Document Type: 71

    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 Okaloosa

Stats & Trends

Median Asking:

$377,950

Sale Price/ft²

$225

Below Asking

0.02%

Average Days on Market

81

Average Home Size

1815 ft²

Average Home Age

28.5 years

Currently For Sale

1640 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: Lamar Deese, RE/MAX Agency One
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 741613
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 7761 Clary Road built and last sold?
The property at 7761 Clary Road was built in 2022 and last sold on Mar 15, 2024 for $150,000.
How much is this home worth?
The estimated value of the home located at 7761 Clary Road is $0.
What are some comparable homes to 7761 Clary Road?
There are currently no comparable homes to 7761 Clary Road.
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