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Putnam
120 Lemon STREET
$65,000
● Property - Off Market

120 Lemon STREET

Melrose, FL 32666
bedrooms
Studio
bathrooms
2 Baths
square feet
924 Ft²
$77,497
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

NEW ROOF! Two Bedroom, Two Bath Single Wide Mobile Home on just over 1 Acre that is completely fenced. Separate shed on property.
Unit Size
924 Ft²
Days on Market
-
Land Size
1.14 acres
Price per sqft
$75
Property Type
Property
Property Taxes
$70
HOA Dues
-
Year Built
1994

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 (Stellar MLS #GC447107)

Price History

Date / Event Date Event Price
Dec 1, 2021 Sold
Premium
Sold
Jun 10, 2019 Sold
Premium
Sold
Nov 24, 2010 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 49,658
  • Total Building Area: 924
  • Gross Building Area: 924
  • Building Area: 924
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 924
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE HIGHLANDS
  • Land Acres: 0000001140
  • Standard Land Use Code: 1006
  • County Land Use Code: 00200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: LAKE HIGHLANDS RE-SUB MB3 P178 PT OF W1/2 OF BLK 3 OR619 P304

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950300

Geography

  • Account Number: 33094
  • Parcel: 17-09-23-4920-0030-0050
  • Block: 3
  • Lot: 5
  • Meridian: SEC 17 TWN 09S RNG 23E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.7184
  • Longitude: -82.0148

    Address

  • Full Address: 120 Lemon St
  • Address - House Number: 120
  • Address - Street Name: Lemon
  • Address - Suffix Type: St
  • State: FL
  • City Name: Melrose
  • Carrier Code: R001
  • 4-Digit Zip Code: 4049
  • Zip Code: 32666

Valuation

    Tax

  • Total Area: 954
  • Tax Year: 2023
  • Tax Amount: $52,352
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.1476
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 82
  • Final Value: 62,590
  • High Value: 71,834
  • Low Value: 53,347

    Market Valuation

  • Market Total Value: $65,430
  • Market Land Value: $12,540
  • Market Improvement Value: $52,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,420

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Dec 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202154027626
  • Previous Sale Recording Date: Jun 10, 2019
  • Previous Sale Contract Date: May 23, 2019
  • Previous Sale Amount: $35,000
  • 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

$188

Below Asking

0.04%

Average Days on Market

96

Average Home Size

1768 ft²

Average Home Age

45.4 years

Currently For Sale

301 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

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STELLAR

Listed by: Ronald Blake
CB ISAAC REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# GC447107
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. Information is deemed reliable but not guaranteed. 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 120 Lemon Street built and last sold?
The property at 120 Lemon Street was built in 1994 and last sold on Nov 30, 2021 for $65,000.
How much is this home worth?
The estimated value of the home located at 120 Lemon Street is $0.
What are some comparable homes to 120 Lemon Street?
There are currently no comparable homes to 120 Lemon Street.
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