$175,000
↓ $15K (7.7%)
●
House -
For Sale
108 RIVER ROAD Drive
Palatka, FL 32177
3 Beds
1 Bath
975 Ft²
$1,046
Est. Monthly
About This Property
Peaceful canal-front home! Tucked away along a serene stretch of
West River Road, this adorable 3-bedroom, 1-bath home offers the
perfect blend of privacy and convenience with cool river breezes.
Nestled on a small, shallow canal about 500 yards from the St.
Johns River, this property is ideal for fishing, kayaking, or
simply enjoying the tranquil surroundings. Inside, you'll find a
cozy eat-in kitchen with granite counter tops, an extra deep sink,
a pantry and direct kitchen access from the attached garage.
Recent updates include a durable metal roof installed in 2017
and an energy-efficient tankless water heater added in 2021.
Whether you're searching for a primary residence, a weekend getaway, or an investment opportunity, this charming home is ready to welcome you as its new owner! Schedule your private showing today!
Whether you're searching for a primary residence, a weekend getaway, or an investment opportunity, this charming home is ready to welcome you as its new owner! Schedule your private showing today!
Unit Size
975 Ft²
Days on Market
82 days
Land Size
0.32 acres
Price per sqft
$179
Property Type
House
Property Taxes
$186
HOA Dues
-
Year Built
-
Listed By
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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: 19 days ago (Real MLS #2157210)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2026 | Price Decreased |
$175,000
↓ $15K
(7.7%) | |
| Price Decreased | |||
| Aug 29, 2026 | Price Decreased |
$189,500
↓ $10K
(5%) | |
| Price Decreased | |||
| Jul 26, 2026 | Listed by COLDWELL BANKER BEN BATES INC | $199,400 | |
| Listed by COLDWELL BANKER BEN BATES INC | |||
| Apr 18, 2025 | Price Decreased |
$180,000
↓ $10K
(5.3%) | |
| Price Decreased | |||
| Apr 12, 2025 | Price Decreased |
$190,000
↓ $10K
(5%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: Ceiling Fan(s), Pantry, Primary Bathroom - Tub with Shower
Appliances: Dishwasher, Dryer, Electric Range, Microwave, Washer
Flooring Type: Carpet, Tile
Laundry Features: Electric Dryer Hookup, In Garage, Washer Hookup
Exterior Details
Square Footage: 975
Square Footage Source: $0
Security Features: Smoke Detector(s)
Architectural Style: Ranch
Year Built: 1975
Waterfront Features: Canal Front
Building Area Total: 1275
Levels: One
Construction Materials: Frame, Wood Siding
Patio and Porch Features: Patio
Lot Features: Dead End Street
Lot Size Area: 0.32
Lot Size Units: Acres
Lot Size Acres: 0.32
Lot Size Square Feet: 13939.2
Water Source: Private, Well
Financial Details
Tax Annual Amount: $2,238
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric, Heat Pump
Sewer : Septic Tank
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Putnam
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Listed by: LEANN WILSON, COLDWELL BANKER BEN BATES INC
Last Updated: 19 days ago
Data Source: Real MLS, MLS# 2157210
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: 19 days ago
Data Source: Real MLS, MLS# 2157210
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