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Putnam
114 Sabal Palm Drive
$16,000
● Land - Off Market

114 Sabal Palm Drive

Georgetown, FL 32139
bedrooms
Studio
bathrooms
0 Bath
$85
Est. Monthly
$6
HOA / Fees

About This Property

Looking for a rural setting with a touch of class?  This is it!  Nicely treed acre lot in rural subdivision with community clubhouse and pool.  The community also owns a nearby water front park area (Rod and Reel) on the St. Johns River with boat ramp. $68. annual HOA.  Doesn't get any better than this.  Realtor owned.
Unit Size
-
Days on Market
-
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$6
Year Built
-

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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 #662256)

Price History

Date / Event Date Event Price
Aug 4, 2023 Sold
Premium
Sold
Jul 10, 2023 Listed by WATSON REALTY CORP $20,900
Listed by WATSON REALTY CORP
Mar 17, 2022 Sold
Premium
Sold
Jan 4, 2022 Listed by WATSON REALTY CORP $11,500
Listed by WATSON REALTY CORP
Oct 22, 2020 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: 46,174
  • 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: PLANTATION PINES II WHISPERING
  • Land Acres: 0000001060
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: PLANTATION PINES II WHISPERING PINES SEC 2ND ADD MB5 P91 BLK DD LOT 4

Neighborhood

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

Geography

  • Account Number: 49953
  • Parcel: 31-12-27-7227-0044-0040
  • Block: 4.4
  • Lot: 4
  • Meridian: SEC 31 TWN 12S RNG 27E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.4103
  • Longitude: -81.608

    Address

  • Full Address: 114 Sabal Palm Dr
  • Address - House Number: 114
  • Address - Street Name: Sabal Palm
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Georgetown
  • Carrier Code: H001
  • 4-Digit Zip Code: 2113
  • Zip Code: 32139

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,601
  • Tax Rate Code Area: 000

    Market Valuation

  • Market Total Value: $9,540
  • Market Land Value: $9,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,540
  • Assessed Land Value: $9,540

    Sales

  • Current Sale Contract Date: Aug 02, 2023
  • Current Sale Recording Date: Aug 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17265
  • Previous Sale Recording Date: Mar 17, 2022
  • Previous Sale Contract Date: Mar 14, 2022
  • Previous Sale Amount: $10,000
  • 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:

$279,900

Sale Price/ft²

$188

Below Asking

0.03%

Average Days on Market

75

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: FAITH VREELAND, WATSON REALTY CORP
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 662256
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 114 Sabal Palm Drive built and last sold?
The property at 114 Sabal Palm Drive was built in and last sold on Aug 2, 2023 for $18,000.
How much is this home worth?
The estimated value of the home located at 114 Sabal Palm Drive is $0.
What are some comparable homes to 114 Sabal Palm Drive?
There are currently no comparable homes to 114 Sabal Palm Drive.
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