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Putnam
124 DUKES Trail
$263,000
● Mobile Manufactured - Off Market

124 DUKES Trail

Melrose, FL 32666
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,782 Ft²
$1,544
Est. Monthly
7.05%
Cap Rate

About This Property

Fully remodeled home nestled on five acres is turn key and ready for new owners. Decks and attached as well as detached screen rooms allow for enjoying the outdoors and wildlife. Living room has a fireplace and built in shelves. Large kitchen island for extra counter space. New cabinets, counters and vanities throughout. Main bath has tub shower combo and primary has tile shower and separate tub. Plenty of living space inside and out! Easy commutes to Palatka, St Augustine, Ocala and Gainesville. Don't miss this like new home!
Unit Size
1,782 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$149
Property Type
Mobile Manufactured
Property Taxes
$243
HOA Dues
-
Year Built
1993

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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 #2063325)

Price History

Date / Event Date Event Price
Mar 10, 2025 Sold
Premium
Sold
Jan 29, 2025 In contract -
In contract
Jan 6, 2025 Listed by FLORIDA HOMES REALTY & MTG LLC $264,900
Listed by FLORIDA HOMES REALTY & MTG LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 2002
  • 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: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • 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
  • Land Acres: 0000005000
  • Standard Land Use Code: 1006
  • County Land Use Code: 00200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: N1/2 OF SW1/4 OF NE1/4 OR544 P1124 (EX OR557 P494) (EX OR573 P1216 OR576 P1924)

Neighborhood

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

Geography

  • Account Number: 70546
  • Parcel: 01-09-23-0000-0030-0022
  • Meridian: SEC 01 TWN 09S RNG 23E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.7429
  • Longitude: -81.9521

    Address

  • Full Address: 124 Dukes Trl
  • Address - House Number: 124
  • Address - Street Name: Dukes
  • Address - Suffix Type: Trl
  • State: FL
  • City Name: Melrose
  • Zip Code: 32666

Valuation

    Tax

  • Total Area: 1,907
  • Tax Year: 2023
  • Tax Amount: $274,643
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 176,409
  • High Value: 258,168
  • Low Value: 94,649

    Market Valuation

  • Market Total Value: $196,090
  • Market Land Value: $55,000
  • Market Improvement Value: $141,090

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $196,090
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $141,090
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:

$279,900

Sale Price/ft²

$188

Below Asking

0.03%

Average Days on Market

75

Average Home Size

1778 ft²

Average Home Age

45.7 years

Currently For Sale

412 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

Unit for rent at 7934 Sunnybrook Road, Melrose, FL, 32666

$1,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,296 ft²
7934 Sunnybrook Road, Melrose, FL, 32666 Listing by STEVEN KOLENO

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: MELISSA B PELLERITO, FLORIDA HOMES REALTY & MTG LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2063325
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 124 Dukes Trail built and last sold?
The property at 124 Dukes Trail was built in 1993 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 124 Dukes Trail is $272,411.
What are some comparable homes to 124 Dukes Trail?
There are currently no comparable homes to 124 Dukes Trail.
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