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Putnam
116 CULPEPPER Road
$65,000
● House - Off Market

116 CULPEPPER Road

San Mateo, FL 32187
bedrooms
2 Beds
bathrooms
1 Bath
square feet
978 Ft²
$346
Est. Monthly
27.20%
Cap Rate

About This Property

This home needs a Handyman or Flipper that knows how to repair floors and subflooring, WDO report shows beams need to be replaced Cute starter home or great if you're downsizing.  Open floor plan, custom Oak kitchen cabinets.  All electric, city water. 3 sheds, 1 with electric.  A/C is appox. 5 yrs. old. Newer windows that withstand 140 mile an hour winds.  Metal roof. Cash only because the floors need repairing. Call for a showing today!
Unit Size
978 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$66
Property Type
House
Property Taxes
$26
HOA Dues
-
Year Built
1961

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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 #2009003)

Price History

Date / Event Date Event Price
Apr 19, 2024 Sold
Premium
Sold
Feb 14, 2024 Listed by WATSON REALTY CORP $65,000
Listed by WATSON REALTY CORP
Apr 4, 2000 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • 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: 3
  • Garage Square Area: 380
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,117
  • Lot Size Depth Feet: 1,610
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 978
  • Gross Building Area: 978
  • Building Area: 978
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 978
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLIAM J JONAS SUB
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: WILLIAM J JONAS S/D MB4 P19 BLK 1 LOT 28 (MAP SHEET 29/48D)

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 951100

Geography

  • Account Number: 31277
  • Parcel: 48-10-27-4570-0010-0280
  • Block: 1
  • Lot: 28
  • Meridian: SEC 48 TWN 10S RNG 27E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.6015
  • Longitude: -81.5949

    Address

  • Full Address: 116 Culpepper Rd
  • Address - House Number: 116
  • Address - Street Name: Culpepper
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: San Mateo
  • Carrier Code: R001
  • 4-Digit Zip Code: 2155
  • Zip Code: 32187

Valuation

    Tax

  • Total Area: 1,073
  • Tax Year: 2023
  • Tax Amount: $31,064
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4907
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 1
  • Final Value: 109,420
  • High Value: 163,118
  • Low Value: 55,721

    Market Valuation

  • Market Total Value: $95,020
  • Market Land Value: $7,560
  • Market Improvement Value: $87,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,410

    Exemptions

  • Senior Citizen Exemption : Yes
  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 31, 2000
  • Current Sale Recording Date: Apr 04, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 385445

    Financing

  • First Mortgage Financing Type: UNK
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:

$280,000

Sale Price/ft²

$188

Below Asking

0.03%

Average Days on Market

74

Average Home Size

1744 ft²

Average Home Age

45.6 years

Currently For Sale

409 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

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

Listed by: Jenifer Smith, WATSON REALTY CORP
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2009003
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 116 Culpepper Road built and last sold?
The property at 116 Culpepper Road was built in 1961 and last sold on Mar 31, 2000 for $24,500.
How much is this home worth?
The estimated value of the home located at 116 Culpepper Road is $0.
What are some comparable homes to 116 Culpepper Road?
There are currently no comparable homes to 116 Culpepper Road.
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