$224,000
●
House -
Off Market
109 ORANGE Street
Welaka, FL 32193
2 Beds
2 Baths,
1
Half Bath
1,408 Ft²
$299,531
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Fantastic 2/1.5 block home with a Log Cabin Look! Interior is Post
& Beam construction, property includes deeded riverfront access
across the street to your own dock to enjoy life on the river. The
home has covered wrap around porches on all sides plus screen
rooms. The home renovations include: complete kitchen with custom
hickory cabinetry ,appliances, bathrooms, pine wood flooring & tile
flooring thru out, wooden doors,double pane windows,heating / air,
metal roof two storage sheds and split rail fencing plus more.
Bring your boat ,fishing gear, golf cart and all your toys. Welaka
offers a great way of life its still Old Florida.Welaka is a golf
cart friendly town also. Great Second Home also! Low Maintenance
Home, Convenient to Palatka,Palm Coast , Daytona ,St Augustine ,
and I95 Property priced below current appraisal value.
Unit Size
1,408 Ft²
Days on Market
-
Land Size
-
Price per sqft
$159
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1987
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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 #1008534)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2020 | Sold | ||
| Sold | |||
| Aug 3, 2020 | No longer available | - | |
| No longer available | |||
| Aug 1, 2019 | Listed by FLORIDA HOMES REALTY & MTG LLC | $224,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
| Jul 27, 2019 | No longer available | - | |
| No longer available | |||
| May 17, 2019 | Listed | $229,000 | |
| Listed | |||
| | |||
|
Bring your Boat and all the Toys! Fantastic Turn Key Second Home Opportunity in Welaka on the pristine St Johns River. 2/1.5 concrete block home with a Log Cabin Look! Interior is Post & Beam construction, property includes deeded riverfront access across the street to your own dock to enjoy life on the river. The home has covered wrap around porches on all sides plus screen rooms. The home renovations include: complete kitchen with custom hickory cabinetry ,appliances, bathrooms, pine wood flooring & tile flooring thru out, wooden doors, double pane windows,heating / air, metal roof two storage sheds and split rail fencing plus more. Welaka offers a great way of life it’s still Old Florida. Golf Cart Friendly town. MUST SEE! The manager has listed the unit size as 1408 square feet.
| |||
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Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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 Welaka
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: CARL THOMPSON, FLORIDA HOMES REALTY & MTG LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1008534
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# 1008534
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