Putnam
111 RANCHETTE Lane
$69,900
●
Land -
Off Market
111 RANCHETTE Lane
Florahome, FL 32140
Studio
0 Bath
$344
Est. Monthly
About This Property
OWNER WILL FINANCE!! Incredibly beautiful wooded property with
large elms, oaks, pines, cottonwoods, and more. Perfect for a quiet
get away, rural homesite, hunting property, or retreat. This parcel
is 4.4 acres. This listing is for one tract but can be bought with
adjacent tract of 4.8 acres (see separate listing MLS1231866). This
tract has power nearby, but will need water well and septic.
Property is about 350'' the corner of Ranchette Lane & Ranchette
Rd. Frontage frontage on both roads. Owner will finance with 25%
down. Terms to be negotiated.
Unit Size
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Days on Market
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Land Size
4.40 acres
Price per sqft
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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 #1231868)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 20, 2024 | Sold | ||
| Sold | |||
| Apr 27, 2024 | In contract | - | |
| In contract | |||
| Mar 29, 2024 | Listed by NORTH FLORIDA RE PARTNERS | $64,900 | |
| Listed by NORTH FLORIDA RE PARTNERS | |||
| | |||
|
Absolutely beautiful wooded property. This rare find has beautiful large elm trees, oak trees, pines, cottonwoods, and much more. This is a perfect place for that quiet get away or can be used as a peaceful retirement property. Come bring your RV and camp for the weekends or build that dream home you've been wanting and enjoy natures relaxing beauty. Power is near by to access it easily. This parcel is 4.4 acres and has so much potential. Lot's of family fun can be had here or just a quite get away from the crazy busy city life. The possibilities are endless. Must see this beauty!!
| |||
| Jan 7, 2024 | Listed by North Florida RE Partners | $64,900 | |
| Listed by North Florida RE Partners | |||
| | |||
|
Absolutely beautiful wooded property. This rare find has beautiful large elm trees, oak trees, pines, cottonwoods, and much more. This is a perfect place for that quiet get away or can be used as a peaceful retirement property. Come bring your RV and camp for the weekends or build that dream home you've been wanting and enjoy natures relaxing beauty. Power is near by to access it easily. This parcel is 4.4 acres and has so much potential. Lot's of family fun can be had here or just a quite get away from the crazy busy city life. The possibilities are endless. Must see this beauty!!
| |||
| Jun 10, 2023 | Listed by COLDWELL BANKER VANGUARD REALTY | $69,900 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
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Property Highlights
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: HENRY HAMMOND, JR, COLDWELL BANKER VANGUARD REALTY
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1231868
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# 1231868
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