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Putnam 32640
131 LAKE RAY Road
$16,900
● Land - Off Market

131 LAKE RAY Road

Hawthorne, FL 32640
bedrooms
Studio
bathrooms
0 Bath
$104
Est. Monthly

About This Property

Quiet country .79 of acre parcel. Some site work and clearing. Zoned AG. Please check with the county as to requirements for use of this parcel as they change from time to time.
Unit Size
-
Days on Market
31 days
Land Size
0.79 acres
Price per sqft
-
Property Type
Land
Property Taxes
$11
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 #2004817)

Price History

Date / Event Date Event Price
Mar 5, 2024 Sold
Premium
Sold
Jan 23, 2024 Listed by NICOSIA REALTY INC. $18,900
Listed by NICOSIA REALTY INC.
Mar 15, 2023 Sold
Premium
Sold
Sep 17, 2022 Listed by NICOSIA REALTY INC. $15,900
Listed by NICOSIA REALTY INC.
Nov 17, 2004 Sold
Premium
Sold
Show More

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: 34,412
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,730
  • 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: COWPEN LAKE
  • Land Acres: 0000000790
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: PT OF NW1/4 OF NE1/4 OF SW1/4 OR386 P103 (LOT 56 COWPEN LAKE UNREC)

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950400

Geography

  • Account Number: 76411
  • Parcel: 27-10-23-0000-0352-0560
  • Lot: 56
  • Meridian: SEC 27 TWN 10S RNG 23E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.593
  • Longitude: -81.9893

    Address

  • Full Address: 131 Lake Ray Rd
  • Address - House Number: 131
  • Address - Street Name: Lake Ray
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Hawthorne
  • Carrier Code: R001
  • 4-Digit Zip Code: 5745
  • Zip Code: 32640

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,409
  • Tax Rate Code Area: 000

    Market Valuation

  • Market Total Value: $8,200
  • Market Land Value: $8,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,200
  • Assessed Land Value: $8,200

    Sales

  • Current Sale Contract Date: Feb 23, 2024
  • Current Sale Recording Date: Mar 05, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5731
  • Previous Sale Recording Date: Mar 15, 2023
  • Previous Sale Contract Date: Feb 24, 2023
  • Previous Sale Amount: $13,500
  • 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

$189

Below Asking

0.04%

Average Days on Market

96

Average Home Size

1754 ft²

Average Home Age

45.2 years

Currently For Sale

298 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: ROBERT ROBINSON, NICOSIA REALTY INC.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2004817
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 131 Lake Ray Road built and last sold?
The property at 131 Lake Ray Road was built in and last sold on Feb 23, 2024 for $16,900.
How much is this home worth?
The estimated value of the home located at 131 Lake Ray Road is $0.
What are some comparable homes to 131 Lake Ray Road?
There are currently no comparable homes to 131 Lake Ray Road.
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