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Osceola Canaveral Acres
9115 Salem ROAD
$251,900
● Mobile Manufactured - Off Market

9115 Salem ROAD

SAINT CLOUD, FL 34773
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,248 Ft²
$1,228
Est. Monthly
11.78%
Cap Rate

About This Property

Welcome to 9115 Salem Road, Saint Cloud, Florida 34773! This charming manufactured home on a 1-acre lot in Canaveral Acres offers a cozy and inviting atmosphere. Recent updates, including new floors, roof, and upgraded kitchen and bathrooms, provide modern comfort. The well-equipped kitchen features modern appliances, and the spacious lot allows for outdoor activities and potential expansions. Located in a peaceful neighborhood, this home offers serene living with convenient access to amenities. Don't miss the opportunity to make 9115 Salem Road your new home.
Unit Size
1,248 Ft²
Days on Market
179 days
Land Size
1.00 acres
Price per sqft
$192
Property Type
Mobile Manufactured
Property Taxes
$54
HOA Dues
-
Year Built
1986

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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 #O6166303)

Price History

Date / Event Date Event Price
Jun 24, 2024 Sold
Premium
Sold
Apr 18, 2024 In contract -
In contract
Apr 16, 2024 Price Decreased $239,000
↓ $10K (4%)
Price Decreased
Apr 16, 2024 Relisted $249,000
Relisted
Apr 3, 2024 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 14
  • Construction Type: 6
  • Building Style: 25
  • Exterior Walls Type: 28
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,249
  • Total Building Area: 1,328
  • Gross Building Area: 1,328
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CANAVERAL ACRES 4
  • Land Acres: 0000000924
  • Standard Land Use Code: 1006
  • County Land Use Code: 0211
  • State Land Use Code: 0211
  • Mobile Home Indicator: T
  • Legal Description 1: CANAVERAL ACRES #4 PB 2 PG 020 LOT 223

Neighborhood

  • School District Name: Osceola County School District
  • Census Tract: 043802

Zoning

  • Zoning: OPUD

Geography

  • Assessors Map Reference: 40C
  • Subdivision Tract Number: 2735
  • Parcel: 24-27-32-2735-0001-2230
  • Block: 2230
  • Lot: 223
  • Meridian: SEC 24 TWN 27S RNG 32E
  • Municipality: OSCEOLA COUNTY
  • Latitude: 28.1242
  • Longitude: -81.068

    Address

  • Full Address: 9115 Salem Rd
  • Address - House Number: 9115
  • Address - Street Name: Salem
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Saint Cloud
  • Carrier Code: H001
  • 4-Digit Zip Code: 9337
  • Zip Code: 34773

Valuation

    Tax

  • Total Area: 1,328
  • Tax Year: 2022
  • Tax Amount: $64,667
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1626
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 223,108
  • High Value: 259,386
  • Low Value: 186,829

    Market Valuation

  • Market Total Value: $87,700
  • Market Land Value: $31,500
  • Market Improvement Value: $56,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,047

    Sales

  • Current Sale Contract Date: Dec 28, 2022
  • Current Sale Recording Date: Dec 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 186030
  • Previous Sale Recording Date: Jun 05, 1998
  • Previous Sale Contract Date: May 29, 1998
  • Previous Sale Amount: $45,000
  • 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 Canaveral Acres

Stats & Trends

Median Asking:

$324,500

Sale Price/ft²

$198

Below Asking

0.05%

Average Days on Market

93

Average Home Size

1764 ft²

Average Home Age

3 years

Currently For Sale

1 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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STELLAR

Listed by: Lina Torres
BANERSY REAL ESTATE, LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6166303
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 9115 Salem Road built and last sold?
The property at 9115 Salem Road was built in 1986 and last sold on Dec 28, 2022 for $90,000.
How much is this home worth?
The estimated value of the home located at 9115 Salem Road is $241,390.
What are some comparable homes to 9115 Salem Road?
There are currently no comparable homes to 9115 Salem Road.
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