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Putnam
105 DRIFTWOOD Lane
$240,000
● House - Off Market

105 DRIFTWOOD Lane

Georgetown, FL 32139
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,108 Ft²
$394,255
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

GREAT CB HOME RIGHT ON THE RIVER ACROSS FROM DRAYTON ISLAND.  2 BR/2BA WITH LARGE ROOMS. THIRD ROOM FOR POSSIBLE BEDROOM OR OFFICE/STUDY.  NEWER APPLIANCES. NEW SEPTIC SYSTEM AND NEW HVAC.  NEW DOCK WITH ONE CRADLE FOR A BOAT AND COVERED AREA FOR RELAXING. 100' OF WATERFRONT.
Unit Size
1,108 Ft²
Days on Market
-
Land Size
-
Price per sqft
$243
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960

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: 3 years ago (Real MLS #996818)

Price History

Date / Event Date Event Price
Sep 30, 2019 Sold
Premium
Sold
May 22, 2019 Listed by RIVER BASS REALTY $269,000
Listed by RIVER BASS REALTY

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,609
  • Lot Size Depth Feet: 4,680
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,108
  • Gross Building Area: 1,108
  • Building Area: 1,108
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 1,108
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: J C BLANCHARDS
  • Land Acres: 0000001070
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: J C BLANCHARDS MB1 P166 PT OF LOTS 6 & 7 OR34 P76 (SUBJECT TO ESMT OR1131 P126)

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 951402

Geography

  • Account Number: 2018
  • Parcel: 12-13-26-0650-0000-0061
  • Lot: 6.1
  • Meridian: SEC 12 TWN 13S RNG 26E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.3749
  • Longitude: -81.6196

    Address

  • Full Address: 105 Driftwood Ln
  • Address - House Number: 105
  • Address - Street Name: Driftwood
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Georgetown
  • Carrier Code: H001
  • 4-Digit Zip Code: 3119
  • Zip Code: 32139

Valuation

    Tax

  • Total Area: 1,570
  • Tax Year: 2023
  • Tax Amount: $364,055
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 270,927
  • High Value: 396,492
  • Low Value: 145,361

    Market Valuation

  • Market Total Value: $444,620
  • Market Land Value: $253,000
  • Market Improvement Value: $191,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $247,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 27, 2019
  • Current Sale Recording Date: Sep 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201954017521
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 Putnam

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$190

Below Asking

0.04%

Average Days on Market

96

Average Home Size

1785 ft²

Average Home Age

44.8 years

Currently For Sale

293 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

Unit for rent at 108 Mocking Bird Lane, Crescent City, FL, 32112

$1,100 /mo

  • 1 Bed
  • 1 Bath
  • 448 ft²
108 Mocking Bird Lane, Crescent City, FL, 32112 Listing by JANA MCNALLY

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: Patty A Boyd, RIVER BASS REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 996818
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. Data is deemed reliable but is not guaranteed accurate by NEFMLS. 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 105 Driftwood Lane built and last sold?
The property at 105 Driftwood Lane was built in 1960 and last sold on Sep 27, 2019 for $240,000.
How much is this home worth?
The estimated value of the home located at 105 Driftwood Lane is $267,121.
What are some comparable homes to 105 Driftwood Lane?
There are currently no comparable homes to 105 Driftwood Lane.
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