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Putnam
116 SIPPRELL Road S
$42,500
● House - Off Market

116 SIPPRELL Road S

Florahome, FL 32140
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,700 Ft²
$167,427
RealtyHop Estimate
118.86%
Since Jun 1, 2011
National-US
Primary Model

About This Property

WELCOME TO THE COUNTRY! GORGEOUS TREES ON 1.25 ACRE LOT. SPACIOUS HOME FOR A BIG FAMILY. FORMAL DINING ROOM. GREAT ROOM. ALL WHITE KITCHEN. YOU MUST SEE THIS HOME TO APPRECIATE WHAT IT HAS TO OFFER.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
-
Price per sqft
$45
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950

Payment Calculator

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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 #571587)

Price History

Date / Event Date Event Price
Jun 21, 2017 Sold
Premium
Sold
May 3, 2011 Sold
Premium
Sold
Mar 1, 2011 Listed by PLANTANA REALTY, INC. $76,500
Listed by PLANTANA REALTY, INC.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 783,644
  • Total Building Area: 1,360
  • Gross Building Area: 1,360
  • Building Area: 1,360
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 1,360
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000017990
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: PT OF S1/2 OF SEC OR624 P800 (EX OR618 P1308 OR750 P1208 OR1110 P855)

Neighborhood

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

Geography

  • Account Number: 71969
  • Parcel: 02-09-24-0000-0060-0040
  • Meridian: SEC 02 TWN 09S RNG 24E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.7356
  • Longitude: -81.8785

    Address

  • Full Address: 116 N Sipprell Rd
  • Address - House Number: 116
  • Street Direction: N
  • Address - Street Name: Sipprell
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Florahome
  • Carrier Code: R001
  • 4-Digit Zip Code: 2865
  • Zip Code: 32140

Valuation

    Tax

  • Total Area: 1,434
  • Tax Year: 2023
  • Tax Amount: $166,043
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 90,853
  • High Value: 132,960
  • Low Value: 48,745

    Market Valuation

  • Market Total Value: $103,898
  • Market Land Value: $14,760
  • Market Improvement Value: $89,138

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $103,898
  • Assessed Land Value: $14,760
  • Assessed Improvements Value: $89,138

    Sales

  • Current Sale Contract Date: Jun 16, 2017
  • Current Sale Recording Date: Jun 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201754011261
  • Previous Sale Recording Date: Aug 09, 2006
  • Previous Sale Contract Date: Jul 19, 2006
  • 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:

$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

Currently no nearby rentals
Real MLS

Listed by: SANDRA FISHER, PLANTANA REALTY, INC.
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 571587
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 North Sipprell Road built and last sold?
The property at 116 North Sipprell Road was built in 1950 and last sold on Jun 16, 2017 for $59,700.
How much is this home worth?
The estimated value of the home located at 116 North Sipprell Road is $89,611.
What are some comparable homes to 116 North Sipprell Road?
There are currently no comparable homes to 116 North Sipprell Road.
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