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Putnam 32177
118 MILLER Drive
$76,000
● Land - Off Market

118 MILLER Drive

Palatka, FL 32177
bedrooms
Studio
bathrooms
0 Bath
$85,662
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Beautiful 2.99 acre property, cleared with existing power pole, well and septic. Ready for a new home, modular or mobile home. Fenced with a gate, a small pond, plenty of shade trees and remnants of a barn that's salvageable. This property is Zoned AG, and No HOA, so bring your horses, pets and toys!!
Unit Size
-
Days on Market
-
Land Size
2.99 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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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 #1150210)

Price History

Date / Event Date Event Price
May 6, 2022 Sold
Premium
Sold
Jan 20, 2022 Listed by WATSON REALTY CORP $85,000
Listed by WATSON REALTY CORP
Mar 9, 2005 Sold
Premium
Sold
Jan 10, 2003 Sold
Premium
Sold

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: 130,244
  • 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: MOCCASIN CREEK
  • Land Acres: 0000002990
  • Standard Land Use Code: 8000
  • County Land Use Code: 07
  • State Land Use Code: 07
  • Legal Description 1: PT OF SE1/4 OF NW1/4 OR447 P902 (MOCCASIN CREEK UNREC LOTS 13 & 14)

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950100

Geography

  • Account Number: 40599
  • Parcel: 13-09-26-5965-0000-0130
  • Lot: 13
  • Meridian: SEC 13 TWN 09S RNG 26E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.7188
  • Longitude: -81.654

    Address

  • Full Address: 118 Miller Dr
  • Address - House Number: 118
  • Address - Street Name: Miller
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Palatka
  • Carrier Code: R006
  • 4-Digit Zip Code: 8139
  • Zip Code: 32177

Valuation

    Tax

  • Total Area: 910
  • Tax Year: 2023
  • Tax Amount: $58,677
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 000

    Market Valuation

  • Market Total Value: $35,880
  • Market Land Value: $35,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,880
  • Assessed Land Value: $35,880

    Sales

  • Current Sale Contract Date: Feb 21, 2005
  • Current Sale Recording Date: Mar 09, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 527286
  • Previous Sale Recording Date: Jan 10, 2003
  • Previous Sale Contract Date: Jan 09, 2003
  • Previous Sale Amount: $36,000
  • 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

1837 ft²

Average Home Age

44.7 years

Currently For Sale

289 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: DEANN BOYLES, WATSON REALTY CORP
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1150210
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 118 Miller Drive built and last sold?
The property at 118 Miller Drive was built in and last sold on Feb 21, 2005 for $50,000.
How much is this home worth?
The estimated value of the home located at 118 Miller Drive is $85,850.
What are some comparable homes to 118 Miller Drive?
There are currently no comparable homes to 118 Miller Drive.
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