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East Milton 32583
7796 Petersen Point Road
$450,000
● House - Off Market

7796 Petersen Point Road

Milton, FL 32583
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,017 Ft²
$835,607
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model

About This Property

REO
Unit Size
4,017 Ft²
Days on Market
-
Land Size
-
Price per sqft
$118
Property Type
House
Property Taxes
$345
HOA Dues
-
Year Built
1994

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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 #740532)

Price History

Date / Event Date Event Price
Jan 20, 2022 Sold
Premium
Sold
Nov 10, 2021 No longer available -
No longer available
Sep 20, 2021 Listed by RE/MAX INFINITY $1,390,000
Listed by RE/MAX INFINITY
Feb 4, 2016 Sold
Premium
Sold
Aug 30, 2015 Listed by RE/MAX INFINITY $475,000
Listed by RE/MAX INFINITY
Show More

Property Highlights

Garage
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,063
  • Parking Space Count: 4
  • Patio Type: 69
  • Porch Type: 35
  • Pool Type: 8
  • Location Influence Type: 69

    Dimensions

  • Lot Size Square Feet: 22,796
  • Lot Size Frontage Feet: 720
  • Total Building Area: 7,277
  • Gross Building Area: 7,277
  • Building Area: 4,017
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 4,017
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PETERSEN POINT
  • Land Acres: 0000000523
  • Standard Land Use Code: 1001
  • County Land Use Code: 000107
  • State Land Use Code: 001
  • Legal Description 1: PETERSEN POINT LOT 1 BLK 1 AS DES IN 4235 PG 1156

Neighborhood

  • School District Name: Santa Rosa County School District
  • Census Tract: 010809

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 146-168 PG
  • Parcel: 24-1N-28-3077-00100-0010
  • Block: 1
  • Lot: 1
  • Meridian: SEC 24 TWN 1N RNG 28W
  • Municipality: EAST MILTON
  • Latitude: 30.579
  • Longitude: -86.998

    Address

  • Full Address: 7796 Petersen Point Rd
  • Address - House Number: 7796
  • Address - Street Name: Petersen Point
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Milton
  • Carrier Code: R018
  • 4-Digit Zip Code: 8547
  • Zip Code: 32583

Valuation

    Tax

  • Total Area: 5,175
  • Tax Year: 2023
  • Tax Amount: $1,145,683
  • Tax Rate Code Area: 0015

    Appraisal Valuation

  • Standard Deviation: 0.1907
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 1,292,907
  • High Value: 1,539,589
  • Low Value: 1,046,224

    Market Valuation

  • Market Total Value: $991,881
  • Market Land Value: $100,800
  • Market Improvement Value: $891,081

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $991,881
  • Assessed Land Value: $100,800
  • Assessed Improvements Value: $891,081

    Sales

  • Current Sale Contract Date: Jan 19, 2022
  • Current Sale Recording Date: Jan 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3632
  • Previous Sale Recording Date: Feb 04, 2016
  • Previous Sale Contract Date: Feb 01, 2016
  • Previous Sale Amount: $450,000
  • 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 East Milton

Stats & Trends

Median Asking:

$337,400

Sale Price/ft²

$172

Below Asking

0.02%

Average Days on Market

95

Average Home Size

2088 ft²

Average Home Age

3.8 years

Currently For Sale

56 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: Kathleen Batterton, RE/MAX INFINITY
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 740532
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 7796 Petersen Point Road built and last sold?
The property at 7796 Petersen Point Road was built in 1994 and last sold on Jan 19, 2022 for $1,390,000.
How much is this home worth?
The estimated value of the home located at 7796 Petersen Point Road is $1,331,755.
What are some comparable homes to 7796 Petersen Point Road?
There are currently no comparable homes to 7796 Petersen Point Road.
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