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Putnam 32177
113 STATE ROAD 20
$79,000
● House - Off Market

113 STATE ROAD 20

Palatka, FL 32177
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,090 Ft²
$388
Est. Monthly

About This Property

OLDER HOME DIRECTLY ON STATE ROAD 20.  NEIGHBORING PROPERTY IS ZONED COMMERCIAL.  THE HOME NEEDS SOME WORK BUT THE LOCATION JUST OUTSIDE OF PALATKA ON THE NEW FOUR LANE HIGHWAY IS A GREAT SPOT.
Unit Size
1,090 Ft²
Days on Market
-
Land Size
-
Price per sqft
$72
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952

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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: 2 years ago (Real MLS #344048)

Price History

Date / Event Date Event Price
Oct 11, 2019 Sold
Premium
Sold
Jul 17, 2019 Listed by NICOSIA REALTY INC. $54,000
Listed by NICOSIA REALTY INC.
Apr 24, 2017 Sold
Premium
Sold
Dec 28, 2006 Listed by NICOSIA REALTY INC. $79,000
Listed by NICOSIA REALTY INC.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Lot Size Depth Feet: 1,900
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,090
  • Gross Building Area: 1,090
  • Building Area: 1,090
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 1,090
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: PT OF NE 1/4 OF NE 1/4 BK 210

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950500

Geography

  • Account Number: 80454
  • Parcel: 17-10-26-0000-0170-0000
  • Meridian: SEC 17 TWN 10S RNG 26E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.6325
  • Longitude: -81.714

    Address

  • Full Address: 113 State Road 20
  • Address - House Number: 113
  • Address - Street Name: State Road 20
  • State: FL
  • City Name: Palatka
  • Carrier Code: R004
  • 4-Digit Zip Code: 7750
  • Zip Code: 32177

Valuation

    Tax

  • Total Area: 1,225
  • Tax Year: 2023
  • Tax Amount: $188,796

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 103,085
  • High Value: 150,861
  • Low Value: 55,308

    Market Valuation

  • Market Total Value: $108,200
  • Market Land Value: $11,400
  • Market Improvement Value: $96,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $108,200
  • Assessed Land Value: $11,400
  • Assessed Improvements Value: $96,800

    Sales

  • Current Sale Contract Date: May 12, 2020
  • Current Sale Recording Date: May 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202054008655
  • Previous Sale Recording Date: Oct 11, 2019
  • Previous Sale Contract Date: Oct 10, 2019
  • Previous Sale Amount: $41,500
  • 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

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Real MLS

Listed by: SUE NICOSIA, NICOSIA REALTY INC.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 344048
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 113 State Rd 20 built and last sold?
The property at 113 State Rd 20 was built in 1952 and last sold on May 12, 2020 for $87,500.
How much is this home worth?
The estimated value of the home located at 113 State Rd 20 is $0.
What are some comparable homes to 113 State Rd 20?
There are currently no comparable homes to 113 State Rd 20.
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