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Putnam 32640
116 MAGNOLIA Road
$255,000
● Mobile Manufactured - Off Market

116 MAGNOLIA Road

Hawthorne, FL 32640
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,782 Ft²
$256,291
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Beautiful property. 3 bedroom, 2 bath home with large, gourmet kitchen with island. New appliances. Dining area with large family room with wood burning fireplace. Nice separate Living Room. Laundry room. New ceiling fans. The bedrooms are large with lots of walk-in closet space. New HVAC. The 1.23 acre lot is level, well-drained and has many beautiful mature trees and canopy. Bonus with this property is the 1260 sf, well-built Quonset Hut and slab - that is perfect for a shop building, storage barn, or garage for multiple vehicles and/or equipment. There are numerous recreational lakes in the area and a public access less than 5 minutes away.
Unit Size
1,782 Ft²
Days on Market
-
Land Size
-
Price per sqft
$145
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
2006

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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 #1232547)

Price History

Date / Event Date Event Price
Nov 2, 2023 Sold
Premium
Sold
Oct 2, 2023 Sold
Premium
Sold
Jun 15, 2023 Listed by COLDWELL BANKER VANGUARD REALTY $257,900
Listed by COLDWELL BANKER VANGUARD REALTY
Jun 6, 2023 Sold
Premium
Sold
Mar 2, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 53,579
  • Total Building Area: 1,782
  • Gross Building Area: 1,782
  • Building Area: 1,782
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,782
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INTERLACHEN LAKES ESTATES
  • Land Acres: 0000001230
  • Standard Land Use Code: 1006
  • County Land Use Code: 00200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: INTERLACHEN LAKES ESTATES UNIT 31 MB5 P62 BLK 106 LOT 14

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950400

Geography

  • Account Number: 30229
  • Parcel: 17-11-23-4090-1060-0140
  • Block: 106
  • Lot: 14
  • Meridian: SEC 17 TWN 11S RNG 23E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.5374
  • Longitude: -82.0152

    Address

  • Full Address: 116 Magnolia Rd
  • Address - House Number: 116
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Hawthorne
  • Carrier Code: R006
  • 4-Digit Zip Code: 6438
  • Zip Code: 32640

Valuation

    Tax

  • Total Area: 1,786
  • Tax Year: 2023
  • Tax Amount: $287,089
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.1476
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 82
  • Final Value: 241,066
  • High Value: 276,666
  • Low Value: 205,465

    Market Valuation

  • Market Total Value: $168,720
  • Market Land Value: $13,530
  • Market Improvement Value: $155,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $168,720
  • Assessed Land Value: $13,530
  • Assessed Improvements Value: $155,190

    Sales

  • Current Sale Contract Date: Nov 02, 2023
  • Current Sale Recording Date: Nov 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 21
  • Current Sale Input Document Number: 24686
  • Previous Sale Recording Date: Oct 02, 2023
  • Previous Sale Contract Date: Mar 04, 2022
  • Previous Sale Amount: $255,000
  • 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:

$275,000

Sale Price/ft²

$190

Below Asking

0.04%

Average Days on Market

97

Average Home Size

1775 ft²

Average Home Age

45.1 years

Currently For Sale

299 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: HENRY HAMMOND, JR, COLDWELL BANKER VANGUARD REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1232547
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 Magnolia Road built and last sold?
The property at 116 Magnolia Road was built in 2006 and last sold on Nov 2, 2023 for $255,000.
How much is this home worth?
The estimated value of the home located at 116 Magnolia Road is $275,415.
What are some comparable homes to 116 Magnolia Road?
There are currently no comparable homes to 116 Magnolia Road.
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