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Walton 32439
97 Ramsey Branch Road
$400,000
● House - Off Market

97 Ramsey Branch Road

Freeport, FL 32439
bedrooms
3 Beds
bathrooms
2 Baths
$2,098
Est. Monthly
7.63%
Cap Rate

About This Property

Entered for comp purposes only.
Unit Size
-
Days on Market
7 days
Land Size
1.27 acres
Price per sqft
-
Property Type
House
Property Taxes
$10
HOA Dues
-
Year Built
1987

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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: 12 months ago (ECAR #986378)

Price History

Date / Event Date Event Price
Oct 6, 2025 Sold
Premium
Sold
Sep 30, 2025 In contract -
In contract
Sep 29, 2025 Listed by Destin Real Estate $425,000
Listed by Destin Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 10
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 55,507
  • Lot Size Frontage Feet: 1,160
  • Total Building Area: 1,516
  • Gross Building Area: 1,516
  • Building Area: 1,516
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,516
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MALLET BAYOU
  • Land Acres: 0000001274
  • Standard Land Use Code: 1006
  • County Land Use Code: 0200
  • Mobile Home Indicator: T
  • Legal Description 1: COM SE/C OF GOVT LOT 1, N 1050 FT, W 1050 FT, N 321.3 FT, S 50 DEG 31W 133.63 FT TO POB, N 56 DEG 28W 58.18 FT, N 07 DEG 0014W 237.8 FT TO WATERS EDGE OF RAMSEY BRANCH WLY ALONG BRANCH 58.5 FT, S 31 DEG 0318W 193.80 FT, S 18 DEG 2300E ALONG DOT R/

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950501

Geography

  • Assessors Map Reference: S1-27-19
  • Parcel: 27-1S-19-23000-027-0290
  • Block: 2702
  • Lot: 1
  • Meridian: SEC 27 TWN 01S RNG 019
  • Municipality: COUNTY
  • Latitude: 30.4686
  • Longitude: -86.1291

    Address

  • Full Address: 97 Ramsey Branch Rd
  • Address - House Number: 97
  • Address - Street Name: Ramsey Branch
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Freeport
  • Carrier Code: R010
  • 4-Digit Zip Code: 5300
  • Zip Code: 32439

Valuation

    Tax

  • Total Area: 1,672
  • Tax Year: 2022
  • Tax Amount: $10,842
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.2593
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 63
  • Final Value: 118,958
  • High Value: 149,807
  • Low Value: 88,110

    Market Valuation

  • Market Total Value: $38,681
  • Market Land Value: $27,076
  • Market Improvement Value: $11,605

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,914

    Exemptions

  • Homeowner Exemption: Yes
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:

$715,000

Sale Price/ft²

$398

Below Asking

0.02%

Average Days on Market

80

Average Home Size

2263 ft²

Average Home Age

17.6 years

Currently For Sale

3380 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: Tim Shepard, Destin Real Estate
Last Updated: 12 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 986378
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 97 Ramsey Branch Road built and last sold?
The property at 97 Ramsey Branch Road was built in 1987 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 97 Ramsey Branch Road is $0.
What are some comparable homes to 97 Ramsey Branch Road?
There are currently no comparable homes to 97 Ramsey Branch Road.
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