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Putnam
111 CYPRESS Drive
$8,500
● Land - Off Market

111 CYPRESS Drive

Georgetown, FL 32139
bedrooms
Studio
bathrooms
0 Bath
$57
Est. Monthly

About This Property

Beautiful quiet area with so much potential.

Imagine the home of you choice sitting on this nice lot just minutes from Lake George.
Unit Size
-
Days on Market
378 days
Land Size
0.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$10
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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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: 7 months ago (Real MLS #2074746)

Price History

Date / Event Date Event Price
Mar 23, 2026 Sold
Premium
Sold
Jan 21, 2026 In contract -
In contract
Mar 10, 2025 Listed by INTERLACHEN REALTY SERVICES, INC $9,500
Listed by INTERLACHEN REALTY SERVICES, INC
Jun 15, 2023 Sold
Premium
Sold
Dec 6, 2005 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: PARADISE LAKES SUB
  • Land Acres: 0000000230
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: PARADISE LAKES S/D UNIT 1 MB5 P29 BLK 37 LOT 13

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 951402

Geography

  • Account Number: 45458
  • Parcel: 07-13-27-7060-0370-0130
  • Block: 37
  • Lot: 13
  • Meridian: SEC 07 TWN 13S RNG 27E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.3829
  • Longitude: -81.6047

    Address

  • Full Address: 111 Cypress
  • Address - House Number: 111
  • Address - Street Name: Cypress
  • State: FL
  • City Name: Georgetown
  • Zip Code: 32139

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,977
  • Initial Tax Delinquent Year: 2015
  • Tax Rate Code Area: 000

    Market Valuation

  • Market Total Value: $5,880
  • Market Land Value: $5,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,880
  • Assessed Land Value: $5,880

    Sales

  • Current Sale Contract Date: Jun 15, 2023
  • Current Sale Recording Date: Jun 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 52
  • Current Sale Input Document Number: 13301
  • Previous Sale Recording Date: Dec 06, 2005
  • Previous Sale Contract Date: Oct 31, 2005
  • Previous Sale Amount: $16,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Putnam

Stats & Trends

Median Asking:

$279,700

Sale Price/ft²

$188

Below Asking

0.03%

Average Days on Market

76

Average Home Size

1771 ft²

Average Home Age

45.8 years

Currently For Sale

411 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: JOYCE M DAVIS, INTERLACHEN REALTY SERVICES, INC
Last Updated: 7 months ago
Data Source: Real MLS, MLS# 2074746
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.

Frequently Asked Questions

When was property at 111 Cypress Drive built and last sold?
The property at 111 Cypress Drive was built in and last sold on Jun 15, 2023 for $5,730.
How much is this home worth?
The estimated value of the home located at 111 Cypress Drive is $0.
What are some comparable homes to 111 Cypress Drive?
There are currently no comparable homes to 111 Cypress Drive.
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