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Putnam 32177
136 Cypress DRIVE
$228,900
● House - Off Market

136 Cypress DRIVE

PALATKA, FL 32177
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,280 Ft²
$233,691
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Auction Property. This spacious home offers 4 bedrooms, and 2 baths and is situated on approximately 5 acres. The home features an attached covered porch and carport. Imagine all the possibilities here. Home sold as-is with no repairs. Schedule your visit and make an offer.
Unit Size
2,280 Ft²
Days on Market
-
Land Size
5.05 acres
Price per sqft
$102
Property Type
House
Property Taxes
$193
HOA Dues
-
Year Built
2003

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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: 3 years ago (Stellar MLS #O6065037)

Price History

Date / Event Date Event Price
Jun 30, 2023 Sold
Premium
Sold
Oct 11, 2022 Listed by REALHOME SERVICE & SOLUTIONS INC $233,300
Listed by REALHOME SERVICE & SOLUTIONS INC
Aug 24, 2022 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 684
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 219,978
  • Total Building Area: 2,280
  • Gross Building Area: 2,280
  • Building Area: 2,280
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 2,280
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005050
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: N1/2 OF SE1/4 OF SE1/4 OF SE1/4 OR585 P1380

Neighborhood

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

Geography

  • Account Number: 70196
  • Parcel: 28-08-27-0000-0070-0120
  • Meridian: SEC 28 TWN 08S RNG 27E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.7686
  • Longitude: -81.598

    Address

  • Full Address: 136 Cypress Dr
  • Address - House Number: 136
  • Address - Street Name: Cypress
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Palatka
  • Carrier Code: R002
  • 4-Digit Zip Code: 8124
  • Zip Code: 32177

Valuation

    Tax

  • Total Area: 2,637
  • Tax Year: 2023
  • Tax Amount: $577,524
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 320,308
  • High Value: 468,760
  • Low Value: 171,855

    Market Valuation

  • Market Total Value: $337,560
  • Market Land Value: $60,600
  • Market Improvement Value: $276,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $337,560
  • Assessed Land Value: $60,600
  • Assessed Improvements Value: $276,960

    Sales

  • Current Sale Contract Date: May 25, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 14433
  • Previous Sale Recording Date: Aug 24, 2022
  • Previous Sale Contract Date: Aug 24, 2022
  • Previous Sale Amount: $175,800
  • Previous Sale Document Type: 23
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:

$275,400

Sale Price/ft²

$189

Below Asking

0.03%

Average Days on Market

75

Average Home Size

1773 ft²

Average Home Age

46.1 years

Currently For Sale

429 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 134 Bowfin Drive, Palatka, FL, 32177

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,540 ft²
134 Bowfin Drive, Palatka, FL, 32177 Listing by STEPHANIE HAWKINS HUSKEY

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: April Feeser
REALHOME SERVICE & SOLUTIONS INC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6065037
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 136 Cypress Drive built and last sold?
The property at 136 Cypress Drive was built in 2003 and last sold on May 25, 2023 for $228,900.
How much is this home worth?
The estimated value of the home located at 136 Cypress Drive is $0.
What are some comparable homes to 136 Cypress Drive?
There are currently no comparable homes to 136 Cypress Drive.
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