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Clay 32068
1588 Backwater Drive
$164,900
● House - Off Market

1588 Backwater Drive

Middleburg, FL 32068
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,887 Ft²
$339,831
RealtyHop Estimate
106.08%
Since Jul 1, 2009
National-US
Primary Model

About This Property

Beautiful all Brick home, Split Bedroom, Lg. Master Suite, covered and  back porches. Seller paid extra for Preserve lot . Extra lg. eat-in kitchen. Easy to show
Unit Size
1,887 Ft²
Days on Market
-
Land Size
-
Price per sqft
$87
Property Type
House
Property Taxes
-
HOA Dues
$17
Year Built
2003

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #460021)

Price History

Date / Event Date Event Price
Aug 18, 2009 Sold
Premium
Sold
Jun 5, 2009 Sold
Premium
Sold
Nov 13, 2008 Listed by RE/MAX SPECIALIST $164,900
Listed by RE/MAX SPECIALIST
Mar 25, 2003 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 420
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 50
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,705
  • Total Building Area: 2,814
  • Gross Building Area: 2,814
  • Building Area: 1,863
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,863
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRANNAN MILL PLANTATION U-2
  • Land Acres: 0000000131
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 47 BRANNAN MILL PLANTATION U-2 AS REC OR 3137 PG 450

Neighborhood

  • School District Name: Clay County School District
  • Census Tract: 030206

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 1402-B2
  • Parcel: 29-04-25-008068-002-47
  • Lot: 47
  • Meridian: SEC 29 TWN 04S RNG 25E
  • Municipality: UNINCORPORATED
  • Latitude: 30.1199
  • Longitude: -81.8186

    Address

  • Full Address: 1588 Backwater Dr
  • Address - House Number: 1588
  • Address - Street Name: Backwater
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Middleburg
  • Carrier Code: H033
  • 4-Digit Zip Code: 3463
  • Zip Code: 32068

Valuation

    Tax

  • Total Area: 2,814
  • Tax Year: 2022
  • Tax Amount: $145,693
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1655
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 79
  • Final Value: 367,298
  • High Value: 428,088
  • Low Value: 306,508

    Market Valuation

  • Market Total Value: $259,285
  • Market Land Value: $40,000
  • Market Improvement Value: $219,285

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $126,375

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 05, 2009
  • Current Sale Recording Date: Aug 18, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2009041762
  • Previous Sale Recording Date: Mar 25, 2003
  • Previous Sale Contract Date: Mar 20, 2003
  • Previous Sale Amount: $136,900
  • 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 Clay

Stats & Trends

Median Asking:

$354,990

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

69

Average Home Size

2037 ft²

Average Home Age

21.8 years

Currently For Sale

1524 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 1685 Bridger Trace, FL, 32068

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,210 ft²
1685 Bridger Trace, FL, 32068 Listing by ROSY GUZMAN GOMEZ

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: BOB WOODS, RE/MAX SPECIALIST
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 460021
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 1588 Backwater Drive built and last sold?
The property at 1588 Backwater Drive was built in 2003 and last sold on Jun 5, 2009 for $164,900.
How much is this home worth?
The estimated value of the home located at 1588 Backwater Drive is $0.
What are some comparable homes to 1588 Backwater Drive?
There are currently no comparable homes to 1588 Backwater Drive.
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