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Palatka 32177
112 MAIN ST
$74,900
● House - Off Market

112 MAIN ST

Palatka, FL 32177
bedrooms
6 Beds
bathrooms
2 Baths
square feet
1,962 Ft²
$368
Est. Monthly

About This Property

6 BEDROOM HOME IN HISTORIC DISTRICT, 2 BLKS FROM ST. JOHNS RIVER, FORMAL LIVING/DINING ROOMS, EAT-IN BAR IN KITCHEN, TILE COUNTER TOPS IN KITCHEN, 1 CAR CARPORT, BEAUTIFUL OLD HISTORIC OAK IN FRONT OF HOME (FROM CB, HWY 20EAST, R ON REID ST, L ON N. 2ND ST, R ON MAIN ST, TO PROPERTY ON L) MEASUREMENTS FOR BONUS/DEN IS FOR THE 6TH BEDROOM
Unit Size
1,962 Ft²
Days on Market
-
Land Size
-
Price per sqft
$38
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1897

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Cap Rate Calculator

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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 #7134)

Price History

Date / Event Date Event Price
Apr 5, 2022 Sold
Premium
Sold
May 3, 2021 Listed by COLDWELL BANKER BEN BATES INC $315,000
Listed by COLDWELL BANKER BEN BATES INC
Jun 1, 2016 Sold
Premium
Sold
Jul 7, 2004 Sold
Premium
Sold
Aug 5, 2003 Listed by COLDWELL BANKER BEN BATES INC $69,900
Listed by COLDWELL BANKER BEN BATES INC
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1897
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,230
  • Total Building Area: 991
  • Gross Building Area: 991
  • Building Area: 991
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 991
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PALATKA
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: DICKS MAP OF PALATKA MB2 P46 BLK 5 E 123FT OF W 235FT OF S 100FT OF LOT 2 BK87 P188

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950800

Geography

  • Account Number: 42428
  • Parcel: 42-10-27-6850-0050-0020
  • Block: 5
  • Lot: 2
  • Meridian: SEC 42 TWN 10S RNG 27E
  • Municipality: PALATKA CITY - DOWNTOWN DIST
  • Latitude: 29.6487
  • Longitude: -81.6288

    Address

  • Full Address: 112 Main St
  • Address - House Number: 112
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: FL
  • City Name: Palatka
  • Carrier Code: C002
  • 4-Digit Zip Code: 3716
  • Zip Code: 32177

Valuation

    Tax

  • Total Area: 2,295
  • Tax Year: 2023
  • Tax Amount: $656,431
  • Tax Rate Code Area: 016

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 174,937
  • High Value: 256,014
  • Low Value: 93,859

    Market Valuation

  • Market Total Value: $275,480
  • Market Land Value: $33,210
  • Market Improvement Value: $242,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $275,480
  • Assessed Land Value: $33,210
  • Assessed Improvements Value: $242,270

    Sales

  • Current Sale Contract Date: Mar 11, 2022
  • Current Sale Recording Date: Apr 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8109
  • Previous Sale Recording Date: Jun 01, 2016
  • Previous Sale Contract Date: Jun 01, 2016
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: 27
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 Palatka

Stats & Trends

Median Asking:

$219,944

Sale Price/ft²

$160

Below Asking

0.04%

Average Days on Market

94

Average Home Size

1614 ft²

Average Home Age

62.9 years

Currently For Sale

49 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

Unit for rent at 1906 Roselle Avenue, Palatka, FL, 32177

$2,400 /mo

  • 4 Beds
  • 2 Baths
  • 1,000 ft²
1906 Roselle Avenue, Palatka, FL, 32177 Listing by STEVEN KOLENO

Rentals Near You

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

Listed by: MARC SPALDING, COLDWELL BANKER BEN BATES INC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 7134
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 Main Street built and last sold?
The property at 112 Main Street was built in 1897 and last sold on Mar 11, 2022 for $300,000.
How much is this home worth?
The estimated value of the home located at 112 Main Street is $319,266.
What are some comparable homes to 112 Main Street?
There are currently no comparable homes to 112 Main Street.
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