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Putnam 32177
116 TIMBER Court
$5,000
● Land - Off Market

116 TIMBER Court

Palatka, FL 32177
bedrooms
Studio
bathrooms
0 Bath
$25
Est. Monthly

About This Property

Large wooded Lot zoned AG. Great for a home or mobile home. quiet neighborhood, very little traffic. Jut far enough out to be in the country but still a short drive to the city for groceries, shopping, doctors, etc. 1.07 acres total.
Unit Size
-
Days on Market
-
Land Size
1.07 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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: 2 years ago (Real MLS #1030857)

Price History

Date / Event Date Event Price
Feb 4, 2022 Sold
Premium
Sold
Jan 19, 2022 Listed by TAYLOR DOUGLAS REALTY, INC. $20,000
Listed by TAYLOR DOUGLAS REALTY, INC.
Aug 5, 2020 Sold
Premium
Sold
Dec 30, 2019 Listed by TAYLOR DOUGLAS REALTY, INC. $5,000
Listed by TAYLOR DOUGLAS REALTY, INC.

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: 46,609
  • 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: PT OF GEORGE FLEMING GRT OR547
  • Land Acres: 0000001070
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: PT OF GEORGE FLEMING GRT, OR54

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950600

Geography

  • Account Number: 74503
  • Subdivision Tract Number: 10
  • Parcel: 51-09-27-0000-0274-0101
  • Meridian: SEC 51 TWN 09S RNG 27E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.7275
  • Longitude: -81.5875

    Address

  • Full Address: 116 Timber Ln
  • Address - House Number: 116
  • Address - Street Name: Timber
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Palatka
  • Carrier Code: R007
  • 4-Digit Zip Code: 8574
  • Zip Code: 32177

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $26,250

    Market Valuation

  • Market Total Value: $16,050
  • Market Land Value: $16,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,050
  • Assessed Land Value: $16,050

    Sales

  • Current Sale Contract Date: Feb 03, 2022
  • Current Sale Recording Date: Feb 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2918
  • Previous Sale Recording Date: Aug 05, 2020
  • Previous Sale Contract Date: Jul 15, 2020
  • Previous Sale Amount: $5,000
  • 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: JOSH GARTRELL, TAYLOR DOUGLAS REALTY, INC.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1030857
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 Timber Court built and last sold?
The property at 116 Timber Court was built in and last sold on Feb 3, 2022 for $20,000.
How much is this home worth?
The estimated value of the home located at 116 Timber Court is $20,200.
What are some comparable homes to 116 Timber Court?
There are currently no comparable homes to 116 Timber Court.
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