Putnam
107 TORQUE Lane
$232,000
●
House -
Off Market
107 TORQUE Lane
Melrose, FL 32666
3 Beds
2 Baths
2,328 Ft²
$418,417
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model
About This Property
This secluded sanctuary of 10 acres on a small picturesque lake
enshrines a substantially robust concrete block 3/2 home with 3602
sq ft under roof. The living room boasts a beautiful brick
fireplace, built in shelving and a family game closet. The kitchen
however is the true heart of the home with plenty of cabinetry,
ample counter space, a cooking island and lots of seating space to
keep the cook company. A welcoming covered porch greats you.
The rear of the home has a large screened porch and an open sunning
deck with a swing. Off the large foyer there is a spacious
private dining room and an equal sized office which could be a
fourth bedroom. The sheltering oak canopy calls you to happy
meditative walks. A must see for a family with a desire for
peace and solace.
Unit Size
2,328 Ft²
Days on Market
-
Land Size
-
Price per sqft
$105
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1996
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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 #772888)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2024 | Sold | ||
| Sold | |||
| Nov 9, 2023 | Listed by FLORIDA HOMES REALTY & MTG LLC | $549,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
| | |||
|
Welcome to Kirby Lake! Custom built and well loved CB home nestled on a secluded sanctuary of ten acres. Large lakeside screen porch, open deck with hot tub and fenced lakeside yard. Plenty of possibilities with an eat in kitchen/breakfast nook, formal dining, front room could be office, 4th bedroom or formal living room. Large laundry room, whole house vacuum system and attached side entry garage has utility sink and attic space for extra storage. Updates include roof (5 yrs), water well system (2023), new pool liner, septic certified 11/2023 and HVAC was serviced 11/9/2023. Don't miss this beautiful home!
| |||
| May 24, 2016 | Sold | ||
| Sold | |||
| May 18, 2015 | Listed by WATSON REALTY CORP | $245,000 | |
| Listed by WATSON REALTY CORP | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Putnam
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Listed by: NANCY BARBERA, WATSON REALTY CORP
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 772888
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: 2 years ago
Data Source: Real MLS, MLS# 772888
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