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Putnam 32148
1051 OLD GAINESVILLE Highway
$350,000
● House - Off Market

1051 OLD GAINESVILLE Highway

Interlachen, FL 32148
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,613 Ft²
$372,800
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Adorable Lake Home!  This home is what lake living is all about! Enjoy boating, skiing, kayaking, or fishing on beautiful Twin Lakes; and end the day with a cookout on the deck overlooking the water.  The two-story home boasts 3 bedrooms, 2 baths, a spacious living/dining room, an awesome Florida room, and great views of the lake.  It has been lovingly maintained and updated over the years.  Watch the sunrise from the porch off the owner's suite and enjoy the breeze coming across the lake most any time of day. A metal roof and vinyl siding make for easy exterior maintenance  The property is .75+/- acre with beautiful landscaping and plenty of room for expansion.
Unit Size
1,613 Ft²
Days on Market
97 days
Land Size
-
Price per sqft
$232
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950

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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 (Real MLS #1187086)

Price History

Date / Event Date Event Price
Aug 4, 2023 Sold
Premium
Sold
Aug 17, 2022 Listed by COLDWELL BANKER BEN BATES INC $374,900
Listed by COLDWELL BANKER BEN BATES INC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • 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: 0
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,799
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 1,090
  • Total Building Area: 955
  • Gross Building Area: 955
  • Building Area: 955
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 955
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TWIN LAKE GROVE SUB
  • Land Acres: 0000000730
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: TWIN LAKE GROVE S/D MB5 P86 LOT 1 AS CORRECTED BY OR538 P1430

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950500

Geography

  • Account Number: 65113
  • Parcel: 13-10-24-9071-0000-0010
  • Lot: 1
  • Meridian: SEC 13 TWN 10S RNG 24E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.6241
  • Longitude: -81.8533

    Address

  • Full Address: 1051 Old Gainesville Hwy
  • Address - House Number: 1051
  • Address - Street Name: Old Gainesville
  • Address - Suffix Type: Hwy
  • State: FL
  • City Name: Interlachen
  • Carrier Code: R003
  • 4-Digit Zip Code: 5435
  • Zip Code: 32148

Valuation

    Tax

  • Total Area: 1,658
  • Tax Year: 2023
  • Tax Amount: $18,643
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 212,444
  • High Value: 310,904
  • Low Value: 113,983

    Market Valuation

  • Market Total Value: $216,650
  • Market Land Value: $52,500
  • Market Improvement Value: $164,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,910

    Sales

  • Current Sale Contract Date: Aug 04, 2023
  • Current Sale Recording Date: Aug 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17271
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:

$280,000

Sale Price/ft²

$188

Below Asking

0.03%

Average Days on Market

74

Average Home Size

1744 ft²

Average Home Age

45.6 years

Currently For Sale

409 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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Real MLS

Listed by: JENNIFER FORTNER, COLDWELL BANKER BEN BATES INC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1187086
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 1051 Old Gainesville Highway built and last sold?
The property at 1051 Old Gainesville Highway was built in 1950 and last sold on Aug 4, 2023 for $350,000.
How much is this home worth?
The estimated value of the home located at 1051 Old Gainesville Highway is $0.
What are some comparable homes to 1051 Old Gainesville Highway?
There are currently no comparable homes to 1051 Old Gainesville Highway.
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