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Okeechobee 34974
8962 SE 67th DRIVE
$204,000
● House - Off Market

8962 SE 67th DRIVE

OKEECHOBEE, FL 34974
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,281 Ft²
$225,905
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Located in Okeechobee Hammock this well-maintained 3-bedroom 2-bathroom home is ideal.  This home features 1,281 square feet of living area, a new A/C, a large living, a spacious master bath, a two-car garage, a large fenced yard, and much more.  No HOA.  Call for more details.
Unit Size
1,281 Ft²
Days on Market
49 days
Land Size
0.22 acres
Price per sqft
$155
Property Type
House
Property Taxes
$148
HOA Dues
-
Year Built
2004

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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 #OK220424)

Price History

Date / Event Date Event Price
Sep 8, 2021 Sold
Premium
Sold
Jul 19, 2021 Listed by MIRA REALTY LLC $199,000
Listed by MIRA REALTY LLC
May 3, 2018 Sold
Premium
Sold
May 10, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 460
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,365
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,741
  • Gross Building Area: 1,741
  • Building Area: 1,281
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,281
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OKEECHOBEE HAMMOCK SEC 1
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: A REPLAT OF A PORTION OF SECTION ONE OKEECHOBEE HAMMOCK (PLAT BOOK 3 PAGE 36) LOT 4 BLOCK 4

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910401

Geography

  • Parcel: 1-09-38-36-0020-00040-0040
  • Block: 4
  • Lot: 4
  • Meridian: SEC 09 TWN 38S RNG 36E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.1837
  • Longitude: -80.7332

    Address

  • Full Address: 8962 Se 67th Dr
  • Address - House Number: 8962
  • Street Direction: SE
  • Address - Street Name: 67th
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R010
  • 4-Digit Zip Code: 1416
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 1,552
  • Tax Year: 2022
  • Tax Amount: $241,480
  • Tax Rate Code Area: 030

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 224,257
  • High Value: 322,217
  • Low Value: 126,296

    Market Valuation

  • Market Total Value: $207,562
  • Market Land Value: $20,000
  • Market Improvement Value: $187,562

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $179,829

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 03, 2021
  • Current Sale Recording Date: Sep 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021011391
  • Previous Sale Recording Date: May 03, 2018
  • Previous Sale Contract Date: Apr 30, 2018
  • Previous Sale Amount: $145,500
  • 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 Okeechobee

Stats & Trends

Median Asking:

$336,450

Sale Price/ft²

$222

Below Asking

0.03%

Average Days on Market

84

Average Home Size

1589 ft²

Average Home Age

26.2 years

Currently For Sale

233 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

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STELLAR

Listed by: Joe Stas
MIRA REALTY LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK220424
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 8962 Southeast 67th Drive built and last sold?
The property at 8962 Southeast 67th Drive was built in 2004 and last sold on Sep 3, 2021 for $204,000.
How much is this home worth?
The estimated value of the home located at 8962 Southeast 67th Drive is $0.
What are some comparable homes to 8962 Southeast 67th Drive?
There are currently no comparable homes to 8962 Southeast 67th Drive.
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