$155,000
●
House -
Off Market
107 CHEFFEY Road
Palatka, FL 32177
2 Beds
1 Bath
1,275 Ft²
$167,692
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Adorable concrete block home with an open floor plan. The bathroom
has been recently updated. The kitchen has a nice flow with a lot
of storage options including a corner pantry and also features an
oversized island for additional seating. Separate laundry room just
off of the Bonus room. There is a deck on the rear of the property
for outdoor entertaining while enjoying the beautiful back yard.
The back yard is fully fenced and backs up to a small canal that
leads to the St.Johns River. The two car detached garage needs some
renovating. New roof in 2019. Access the St.Johns River from
a county maintained boat ramp just 5 miles away. Showings will
start Saturday September 11, 2021.
Unit Size
1,275 Ft²
Days on Market
35 days
Land Size
-
Price per sqft
$117
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986
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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: 10 months ago (Real MLS #1130548)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Apr 15, 2024 | Listed by WATKINS REALTY GROUP | $259,900 | |
| Listed by WATKINS REALTY GROUP | |||
| | |||
|
A MUST SEE 3 BEDROOM or flex space/1 BATH home with many upgrades in the desirable West River Road area. For the kitchen lovers, the kitchen offers new cabinets with quartz countertops, built in pantry, large undermount quartz sink, black stainless appliances and plenty of drawers and cabinets for storage including dual hidden trash cans. For the coffee drinkers, enjoy your new coffee bar with floating shelving. The large bath was just updated, along with new drywall ceilings with knockdown and recessed lighting. New Lifeproof flooring in bedrooms. New HVAC is 2021, new roof in 2019 and new septic in 2019. For the outdoor lovers, relax on the rear covered porch with two ceiling fans. A public boat ramp is located 5 minutes away and when not on the water store your boat or toys in the 24' x 24' detached garage.
15 minutes to Palatka for shopping and dining and 45 minutes from Fleming Island.
| |||
| Oct 18, 2021 | Sold | ||
| Sold | |||
| Sep 10, 2021 | Listed by GREAT EXPECTATIONS REALTY | $149,000 | |
| Listed by GREAT EXPECTATIONS REALTY | |||
| Jan 25, 2021 | Sold | ||
| Sold | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Putnam
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Listed by: AMANDA EDWARDS, GREAT EXPECTATIONS REALTY
Last Updated: 10 months ago
Data Source: Real MLS, MLS# 1130548
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.
Last Updated: 10 months ago
Data Source: Real MLS, MLS# 1130548
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