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Putnam 32177
115 SILVER LAKE ROAD
$68,500
● House - Off Market

115 SILVER LAKE ROAD

Palatka, FL 32177
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,164 Ft²
$173,963
RealtyHop Estimate
153.96%
Since Jun 1, 2002
National-US
Primary Model

About This Property

NICE 3 BEDROOM 2 BATH IMMACULATE INSIDE & OUT ON NICE SIZE LOT, PARTIAL FENCED, LARGE WORKSHOP 30X16 & A 24X38 1 CAR GARAGE & WORKSHOP. NICELY LANDSCAPED. PRIDE OF OWNERSHIP SHOWS EVERYWHERE ON THE PROPERTY. PROPERTY IS BEING SOLD AS-IS. MUST CALL AND MAKE APPOINTMENT TO SHOW.
Unit Size
1,164 Ft²
Days on Market
-
Land Size
-
Price per sqft
$59
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1969

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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 #134398)

Price History

Date / Event Date Event Price
Jul 10, 2018 Sold
Premium
Sold
Jun 6, 2018 Listed by PRUDENTIAL TREND REALTY $82,500
Listed by PRUDENTIAL TREND REALTY
May 16, 2002 Sold
Premium
Sold
Mar 28, 2002 Listed by PRUDENTIAL TREND REALTY $68,500
Listed by PRUDENTIAL TREND REALTY

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • 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: 3
  • Garage Square Area: 240
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 2,160
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 2,160
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000410
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: PT OF NE1/4 OF SE1/4 OF SE1/4 OR213 P413 & PT OF ADJ CLOSED FIRST ST OR612 P1338

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950202

Geography

  • Account Number: 79098
  • Parcel: 08-10-26-0000-0256-0000
  • Meridian: SEC 08 TWN 10S RNG 26E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.6355
  • Longitude: -81.7129

    Address

  • Full Address: 115 Silver Lake Rd
  • Address - House Number: 115
  • Address - Street Name: Silver Lake
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Palatka
  • Carrier Code: R004
  • 4-Digit Zip Code: 9327
  • Zip Code: 32177

Valuation

    Tax

  • Total Area: 1,313
  • Tax Year: 2023
  • Tax Amount: $213,743
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 83,722
  • High Value: 122,524
  • Low Value: 44,919

    Market Valuation

  • Market Total Value: $125,360
  • Market Land Value: $12,960
  • Market Improvement Value: $112,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,360
  • Assessed Land Value: $12,960
  • Assessed Improvements Value: $112,400

    Sales

  • Current Sale Contract Date: Jul 04, 2018
  • Current Sale Recording Date: Jul 10, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201854012554
  • Previous Sale Recording Date: May 16, 2002
  • Previous Sale Contract Date: May 13, 2002
  • Previous Sale Amount: $72,900
  • 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

$189

Below Asking

0.04%

Average Days on Market

96

Average Home Size

1754 ft²

Average Home Age

45.2 years

Currently For Sale

298 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

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Real MLS

Listed by: LIBBY YARBROUGH, PRUDENTIAL TREND REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 134398
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 115 Silver Lake Road built and last sold?
The property at 115 Silver Lake Road was built in 1969 and last sold on Jul 4, 2018 for $80,000.
How much is this home worth?
The estimated value of the home located at 115 Silver Lake Road is $102,772.
What are some comparable homes to 115 Silver Lake Road?
There are currently no comparable homes to 115 Silver Lake Road.
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