7060 Oakbay Dr Noblesville, IN 46062

4 beds · 2 baths · 3,212 sq ft · Lot Size: 15,682 sq ft · Single Family Home · Oakbay
Est. Property Value: $394,046

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7060 Oakbay Dr is in the Oakbay neighborhood of Noblesville, IN. It is located in Hamilton County and ZIP code 46062. This Single Family Home was built in 1988 and is approximately 37 years old. The single family home spans 3212 sq ft with 4 bedrooms and 2 bathrooms and sits on a 15682 sq ft lot. According to public records, it was last sold in 2020 for $330,000 and has a tax-assessed value of $419,500, which is $123 per sq ft. The Oakbay area of Noblesville has 147 residential homes with an average size of 3513 sq ft. Analyze and compare real estate investment strategies for properties like this home at 7060 Oakbay Dr Noblesville, IN 46062 with Property Intel by Whitepages.

7060 Oakbay Dr

Noblesville, IN 46062

Neighborhood

Owners & Occupancy for 7060 Oakbay Dr

No contact information is available.

Occupancy

Resident 1******************
Resident 2************************ age 49
Resident 3*************** age 68

Property Financials for 7060 Oakbay Dr

7060 Oakbay Dr, Noblesville, IN has a mortgage from Pentagon Fcu (orig. September 02, 2020). The Hamilton county assessment for 2024 values it at $419,500, with annual taxes of $5,341.

Mortgage & Equity Information

Loan Amount$******
LenderPentagon Fcu
Origination DateSeptember 02, 2020
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date****************
Equity View Equity

Property Tax

Purchase DateSeptember 02, 2020
Property Tax Amount$5,341 in 2023
Purchase Price$330,000
Assessed Value$419,500 on 2024

Investment Potential for 7060 Oakbay Dr

The property has a current estimated value of $394,046, which is 21% below the neighborhood median, based on public records. It last sold on September 02, 2020 for $330K. Projected long-term
is $31,800 annually ($2,650 per month) with a 96% occupancy rate.

Discover more Single Family Homes in Oakbay.

Long-Term

Gross Rental
$31,800 per year($2,650 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 46062 zip code
 
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Property Details for 7060 Oakbay Dr

Property Details

Property Sq Ft

Living Area

3,212 sq ft

9% below market

Lot Size

15,682 sq ft

16% below market

Price Per Sq Ft

Living Area

$123 / sq ft

17% below market

Lot Size Area

$25 / sq ft

9% below market

Property condition, age, exterior, etc. for 7060 Oakba…
Longitude: -86.048094 Latitude: 40.096366 Parcel Number (APN): 29-06-14-009-062.000-013…

Recommended Properties in Oakbay

Discover more single family homes near 7060 Oakbay Dr in Noblesville, Indiana. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 7060 Oakbay Dr in Hamilton County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$394,046
$312,900
$81,145 (26%)
$422,025
$52,470 (12%)
YoY Price Change
1.99%
-266%
Year Built
1988
1988
0 years
Living Space
3,212 sq ft
2,408 sq ft
804 (33%)
$ Per Living Sq Ft
$123
$128
-$6 (-4%)
Lot Size
15,682 sq ft
15,450 sq ft
232 (2%)
$ Per Lot Sq Ft
$25
$20
$5 (24%)

Net Operating Income
$23,121
-$3,784 (-16%)
Annual Revenue
$31,800
$32,400
-$600 (-2%)
$9,149
$3,314 (36%)
Net Operating Income
$23,121
-$3,784 (-16%)
Cap Rate
7.5%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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