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Putnam
1586 STATE ROAD 100
$100,000
● Mobile Manufactured - Off Market

1586 STATE ROAD 100

Melrose, FL 32666
bedrooms
3 Beds
bathrooms
11 Baths, 9 Half Baths
square feet
1,768 Ft²
$118,258
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Great investment opportunity. this 3/2 Manufactured home has tons of potential. Own 5.24 acres of land and enjoy nature. Property is being sold As-Is Conditions.
Unit Size
1,768 Ft²
Days on Market
-
Land Size
-
Price per sqft
$67
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
2003

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 #1245445)

Price History

Date / Event Date Event Price
Sep 27, 2023 Sold
Premium
Sold
Aug 31, 2023 Listed by BEYCOME OF FLORIDA LLC $119,000
Listed by BEYCOME OF FLORIDA LLC
Jun 23, 2014 Sold
Premium
Sold

Property Highlights

Parking Available
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: 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: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 228,254
  • Total Building Area: 1,768
  • Gross Building Area: 1,768
  • Building Area: 1,768
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,768
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005240
  • Standard Land Use Code: 1006
  • County Land Use Code: 00200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: PT OF NE1/4 OF NW1/4 OR594 P1310 (PARCEL I)

Neighborhood

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

Geography

  • Account Number: 71250
  • Parcel: 12-09-23-0000-0040-0011
  • Meridian: SEC 12 TWN 09S RNG 23E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.7315
  • Longitude: -81.9566

    Address

  • Full Address: 1586 State Road 100
  • Address - House Number: 1586
  • Address - Street Name: State Road 100
  • State: FL
  • City Name: Melrose
  • Carrier Code: R001
  • 4-Digit Zip Code: 3500
  • Zip Code: 32666

Valuation

    Tax

  • Total Area: 1,771
  • Tax Year: 2023
  • Tax Amount: $89,488
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 160,845
  • High Value: 235,391
  • Low Value: 86,298

    Market Valuation

  • Market Total Value: $180,080
  • Market Land Value: $50,600
  • Market Improvement Value: $129,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,100

    Sales

  • Current Sale Contract Date: Sep 20, 2023
  • Current Sale Recording Date: Sep 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21194
  • Previous Sale Recording Date: Jun 23, 2014
  • Previous Sale Contract Date: Jun 11, 2014
  • Previous Sale Amount: $24,000
  • Previous Sale Document Type: 40
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:

$279,700

Sale Price/ft²

$188

Below Asking

0.03%

Average Days on Market

76

Average Home Size

1771 ft²

Average Home Age

45.8 years

Currently For Sale

411 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: STEVEN KOLENO, BEYCOME OF FLORIDA LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1245445
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 1586 State Rd 100 built and last sold?
The property at 1586 State Rd 100 was built in 2003 and last sold on Sep 20, 2023 for $100,000.
How much is this home worth?
The estimated value of the home located at 1586 State Rd 100 is $0.
What are some comparable homes to 1586 State Rd 100?
There are currently no comparable homes to 1586 State Rd 100.
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