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Walton 32433
941 WATSON Road
$60,000
● Land - Off Market

941 WATSON Road

DeFuniak Springs, FL 32433
bedrooms
Studio
bathrooms
0 Bath
$316
Est. Monthly

About This Property

Easy access to main highways, less than 1 mile away from HWY 90. Mobile homes allowed. 28 lots that could be split or grouped into smaller parcels. Vacant lot 1.6 acres in size, level, high and dry. Nearby power hook up, requires septic and private Well. Buyers advice to check County requirements. No Survey
Unit Size
-
Days on Market
-
Land Size
1.60 acres
Price per sqft
-
Property Type
Land
Property Taxes
$21
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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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 years ago (ECAR MLS #962744)

Price History

Date / Event Date Event Price
Dec 13, 2024 Sold
Premium
Sold
Nov 7, 2024 Listed by Bayside Realty NWF $60,000
Listed by Bayside Realty NWF
Feb 25, 2022 Sold
Premium
Sold
Jan 5, 2022 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 69,696
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: WEST ORANGE CREST S/D
  • Land Acres: 0000001600
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • Legal Description 1: LOTS 1 TO 28 INCL BLK 11 WEST ORANGE CREST OR 2738-4894 OR 3233-2434 OR 3240-2646

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950103

Geography

  • Assessors Map Reference: N3-18-20
  • Parcel: 18-3N-20-28130-011-0010
  • Block: 11
  • Lot: 10
  • Meridian: SEC 18 TWN 03N RNG 020
  • Municipality: COUNTY
  • Latitude: 30.7648
  • Longitude: -86.2796

    Address

  • Full Address: 941 Watson Rd
  • Address - House Number: 941
  • Address - Street Name: Watson
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Defuniak Springs
  • Carrier Code: R014
  • 4-Digit Zip Code: 8915
  • Zip Code: 32433

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,863
  • Tax Rate Code Area: 005

    Market Valuation

  • Market Total Value: $9,143
  • Market Land Value: $9,143

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $9,143
  • Assessed Land Value: $9,143

    Sales

  • Current Sale Contract Date: Feb 25, 2022
  • Current Sale Recording Date: Feb 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9040
  • Previous Sale Recording Date: Jan 05, 2022
  • Previous Sale Contract Date: Jan 05, 2022
  • Previous Sale Amount: $10,000
  • 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 Walton

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$424

Below Asking

0.02%

Average Days on Market

98

Average Home Size

2283 ft²

Average Home Age

17.2 years

Currently For Sale

2345 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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ECAR

Listed by: Annie S Cameron, Bayside Realty NWF
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 962744
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 941 Watson Road built and last sold?
The property at 941 Watson Road was built in and last sold on Feb 25, 2022 for $38,000.
How much is this home worth?
The estimated value of the home located at 941 Watson Road is $0.
What are some comparable homes to 941 Watson Road?
There are currently no comparable homes to 941 Watson Road.
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