106 LAR LOT 43 Lane
About This Property
R-2 zoning supports single-family homes, mobile homes, manufactured homes, and tiny homes at a 400 square foot minimum. Short-term and vacation rentals are allowed. Camping is permitted on an overnight or weekend basis with no waste dumping. RVs are allowed on the property but not for full-time residency. No minimum build size beyond the 400 square foot residential standard. Building permits are valid for six months. Not in a FEMA flood zone.
Utilities follow standard rural Putnam County setup. Power is available nearby from regional providers; buyer to confirm connection costs and availability. A well will need to be installed for water. Sewer requires an Aerobic Treatment Unit septic system, which is standard for parcels under one acre in this area and includes plan submission and soil evaluation as part of the permitting process. Buyers should confirm all utility connection details and costs independently.
Setbacks are 40 feet front, 10 feet rear, 5 feet sides, with an 18-foot right-of-way on the south end of the lot. Annual taxes are approximately $130.70. Parcel number 34-11-27-0000-0020-0430.
The surrounding area offers practical access to outdoor recreation throughout Putnam County. Crescent Lake and the St. Johns River are minutes away for fishing, boating, and water access. Welaka State Forest is about 20 minutes out. Palatka is approximately 30 minutes away for expanded shopping, healthcare, and services. Palm Coast is about 55 minutes, St. Augustine roughly an hour and 5 minutes, Daytona Beach about an hour and 20 minutes, Jacksonville around an hour and 40 minutes, and Orlando approximately an hour and 55 minutes. Putnam County's central location between Jacksonville and Orlando places major airports, medical centers, and employment within manageable driving distance.
Nearby communities including Pomona Park, Welaka, and Lake Como provide essential services, while Crescent City offers schools, grocery stores, and dining. The lot is outside city limits with direct, unobstructed access from Lar Ln.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | Price Decreased |
$14,997
↓ $500
(3.2%) | |
| Price Decreased | |||
| Sep 16, 2026 | Price Decreased |
$15,497
↓ $500
(3.1%) | |
| Price Decreased | |||
| Sep 5, 2026 | Price Decreased |
$15,997
↓ $1K
(5.9%) | |
| Price Decreased | |||
| Aug 21, 2026 | Price Decreased |
$16,997
↓ $1K
(5.6%) | |
| Price Decreased | |||
| Jul 31, 2026 | Price Decreased |
$17,997
↓ $1K
(5.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017