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Putnam
158 RANCHETTE Circle
$62,000
● Land - Off Market

158 RANCHETTE Circle

Florahome, FL 32140
bedrooms
Studio
bathrooms
0 Bath
$76,531
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Come build your dream home here on 5.6 Acres . Mobile homes are allowed. Jacksonville, Gainesville,  St Augustine and Palatka are all less than an hour drive. This property offers convenient drives to restaurants, grocery stores, attractions and hospitals and more. There is a well and electric pole on the property. Escape the traffic major cities have to offer. Enjoy the nearby Etoniah Creek State Forest, Georges Lake, and the Palatka Lake Butler State Trail.
Unit Size
-
Days on Market
-
Land Size
5.60 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1975

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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 (Real MLS #1116151)

Price History

Date / Event Date Event Price
Nov 4, 2021 Sold
Premium
Sold
Jun 18, 2021 Listed by WATSON REALTY CORP $68,000
Listed by WATSON REALTY CORP
Jun 10, 2010 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1996
  • 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: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 243,936
  • Total Building Area: 480
  • Gross Building Area: 480
  • Building Area: 480
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 480
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BELLAMY RANCHETTES
  • Land Acres: 0000005600
  • Standard Land Use Code: 1006
  • County Land Use Code: 00700
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: BELLAMY RANCHETTES MB6 P53 (CLASS D) LOT 31

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950202

Geography

  • Account Number: 1787
  • Parcel: 15-08-24-0534-0000-0310
  • Lot: 31
  • Meridian: SEC 15 TWN 08S RNG 24E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.792
  • Longitude: -81.8938

    Address

  • Full Address: 158 Ranchette Cir
  • Address - House Number: 158
  • Address - Street Name: Ranchette
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Florahome
  • Carrier Code: R002
  • 4-Digit Zip Code: 1116
  • Zip Code: 32140

Valuation

    Tax

  • Total Area: 480
  • Tax Year: 2023
  • Tax Amount: $119,822
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 44,866
  • High Value: 65,659
  • Low Value: 24,072

    Market Valuation

  • Market Total Value: $71,010
  • Market Land Value: $67,200
  • Market Improvement Value: $3,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,010
  • Assessed Land Value: $67,200
  • Assessed Improvements Value: $3,810

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Nov 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202154025567
  • Previous Sale Recording Date: Jun 10, 2010
  • Previous Sale Contract Date: Jun 04, 2010
  • Previous Sale Amount: $24,400
  • 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:

$280,000

Sale Price/ft²

$188

Below Asking

0.03%

Average Days on Market

74

Average Home Size

1744 ft²

Average Home Age

45.6 years

Currently For Sale

409 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: Robert Holmquist, WATSON REALTY CORP
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1116151
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 158 Ranchette Circle built and last sold?
The property at 158 Ranchette Circle was built in 1975 and last sold on Oct 29, 2021 for $62,000.
How much is this home worth?
The estimated value of the home located at 158 Ranchette Circle is $0.
What are some comparable homes to 158 Ranchette Circle?
There are currently no comparable homes to 158 Ranchette Circle.
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