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Putnam 32189
112 MAGNOLIA Drive
$49,000
● Mobile Manufactured - Off Market

112 MAGNOLIA Drive

Satsuma, FL 32189
bedrooms
2 Beds
bathrooms
2 Baths
square feet
924 Ft²
$84,247
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Great location in the Bass Capital of Florida. Home on a fully fenced double lot. 110 & 112 Magnolia. With acceptable offer all appliances including washer & dryer, furniture, dishes and patio furniture will be included. Within walking distance to the river and boat ramp.
Unit Size
924 Ft²
Days on Market
-
Land Size
-
Price per sqft
$59
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1992

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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: 3 years ago (Real MLS #909072)

Price History

Date / Event Date Event Price
Apr 20, 2018 Sold
Premium
Sold
Nov 11, 2017 Listed by RE/MAX SPECIALIST $54,900
Listed by RE/MAX SPECIALIST
Mar 29, 2001 Sold
Premium
Sold
Feb 8, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 924
  • Gross Building Area: 924
  • Building Area: 924
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 924
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAGNOLIA BLUFF ESTATES
  • Land Acres: 0000000200
  • Standard Land Use Code: 1006
  • County Land Use Code: 00200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: MAGNOLIA BLUFF ESTATES MB5 P75 BLK 1 LOT 13 OR 295 P 64

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 951200

Geography

  • Account Number: 38094
  • Parcel: 21-11-26-5460-0010-0130
  • Block: 1
  • Lot: 13
  • Meridian: SEC 21 TWN 11S RNG 26E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.5191
  • Longitude: -81.6717

    Address

  • Full Address: 112 Magnolia
  • Address - House Number: 112
  • Address - Street Name: Magnolia
  • State: FL
  • City Name: Satsuma
  • Zip Code: 32189

Valuation

    Tax

  • Total Area: 1,162
  • Tax Year: 2023
  • Tax Amount: $43,277
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 57,720
  • High Value: 84,471
  • Low Value: 30,968

    Market Valuation

  • Market Total Value: $70,450
  • Market Land Value: $11,390
  • Market Improvement Value: $59,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,870

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 23, 2001
  • Current Sale Recording Date: Mar 29, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 409214
  • Previous Sale Recording Date: Feb 08, 2001
  • Previous Sale Contract Date: Jan 23, 2001
  • Previous Sale Amount: $18,300
  • 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:

$275,000

Sale Price/ft²

$190

Below Asking

0.04%

Average Days on Market

96

Average Home Size

1812 ft²

Average Home Age

45.1 years

Currently For Sale

292 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

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Real MLS

Listed by: CHRISTINE SIMMONS, RE/MAX SPECIALIST
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 909072
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 112 Magnolia Drive built and last sold?
The property at 112 Magnolia Drive was built in 1992 and last sold on Mar 23, 2001 for $28,200.
How much is this home worth?
The estimated value of the home located at 112 Magnolia Drive is $0.
What are some comparable homes to 112 Magnolia Drive?
There are currently no comparable homes to 112 Magnolia Drive.
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