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Putnam 32177
132 TIMBER Lane
$92,500
● Land - Off Market

132 TIMBER Lane

Palatka, FL 32177
bedrooms
Studio
bathrooms
0 Bath
$172,099
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

Round Lake Waterfront Lot!  Premier location in area of executive style homes. If location means everything when building your dream home then this is the perfect spot for you.  Low HOA fee of $200 per year. Lot is one of larger in area at 1.3 acres. Plenty of room!
Unit Size
-
Days on Market
-
Land Size
1.30 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$17
Year Built
2020

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 #882754)

Price History

Date / Event Date Event Price
Feb 2, 2018 Sold
Premium
Sold
May 18, 2017 Listed by MODERN REALTY OF FLORIDA $110,000
Listed by MODERN REALTY OF FLORIDA

Property Highlights

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • 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: 64,469
  • Lot Size Depth Feet: 2,750
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 7,816
  • Building Area: 7,816
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 7,816
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROUND LAKE PARK SUB
  • Land Acres: 0000001480
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 00
  • Legal Description 1: ROUND LAKE PARK S/D MB6 P10 LOT 22 (EX OR926 P883)

Neighborhood

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

Geography

  • Account Number: 53806
  • Parcel: 16-10-26-8040-0000-0220
  • Lot: 22
  • Meridian: SEC 16 TWN 10S RNG 26E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.6242
  • Longitude: -81.7003

    Address

  • Full Address: 132 Timber Ln
  • Address - House Number: 132
  • 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: $415,768
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 1,429,798
  • High Value: 2,092,463
  • Low Value: 767,132

    Market Valuation

  • Market Total Value: $1,477,000
  • Market Land Value: $80,660
  • Market Improvement Value: $1,396,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $996,030

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 02, 2018
  • Current Sale Recording Date: Feb 02, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201854002175
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

97

Average Home Size

1772 ft²

Average Home Age

45.5 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

Rentals Near You

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Real MLS

Listed by: TOM KING, MODERN REALTY OF FLORIDA
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 882754
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 132 Timber Lane built and last sold?
The property at 132 Timber Lane was built in 2020 and last sold on Feb 2, 2018 for $92,500.
How much is this home worth?
The estimated value of the home located at 132 Timber Lane is $0.
What are some comparable homes to 132 Timber Lane?
There are currently no comparable homes to 132 Timber Lane.
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