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Putnam
162 PUTNAM LOOP ROAD
$3,500
● Land - Off Market

162 PUTNAM LOOP ROAD

MELROSE, FL 32666
bedrooms
Studio
bathrooms
0 Bath
$43
Est. Monthly

About This Property

Make this .32 acre partially cleared lot your own! Bring you ideas and build your dream home or manufactured home here. Located on a paved road with electric up the lot. Clay Electric has an easement across the front of the property. This property is less than 15 minutes to Keystone Heights, Lake Geneva and Interlachen. It's less than 30 miles to Gainesville, Palatka, Waldo and Hawthorne. Jacksonville, St. Augustine and World Golf Village are just a little over an hour away.
Unit Size
-
Days on Market
93 days
Land Size
0.32 acres
Price per sqft
-
Property Type
Land
Property Taxes
$6
HOA Dues
-
Year Built
-

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 (Stellar MLS #V4942997)

Price History

Date / Event Date Event Price
Sep 4, 2025 Sold
Premium
Sold
Aug 28, 2025 In contract -
In contract
Jun 25, 2025 Relisted $7,500
Relisted
Jun 21, 2025 In contract -
In contract
May 30, 2025 Listed by CHAMPION REALTY OF FLORIDA LLC $7,500
Listed by CHAMPION REALTY OF FLORIDA LLC
Show More

Property Highlights

Building Info

Overview

    General

  • 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: 13,939
  • Lot Size Depth Feet: 1,720
  • Lot Size Frontage Feet: 800
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000320
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: PT OF NW1/4 OR465 P787

Neighborhood

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

Geography

  • Account Number: 70553
  • Parcel: 01-09-23-0000-0030-0030
  • Meridian: SEC 01 TWN 09S RNG 23E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.7437
  • Longitude: -81.9585

    Address

  • Full Address: 162 Putnam Loop Rd
  • Address - House Number: 162
  • Address - Street Name: Putnam Loop
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Melrose
  • Carrier Code: R001
  • 4-Digit Zip Code: 3203
  • Zip Code: 32666

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,677
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 000

    Market Valuation

  • Market Total Value: $4,400
  • Market Land Value: $4,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,400
  • Assessed Land Value: $4,400

    Sales

  • Current Sale Contract Date: Aug 10, 2023
  • Current Sale Recording Date: Aug 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 52
  • Current Sale Input Document Number: 17770
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:

$274,900

Sale Price/ft²

$188

Below Asking

0.04%

Average Days on Market

96

Average Home Size

1794 ft²

Average Home Age

45.4 years

Currently For Sale

299 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

$2,000 /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.
STELLAR

Listed by: Barbara Niles
CHAMPION REALTY OF FLORIDA LLC
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# V4942997
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 162 Putnam Loop Road built and last sold?
The property at 162 Putnam Loop Road was built in and last sold on Aug 10, 2023 for $1,520.
How much is this home worth?
The estimated value of the home located at 162 Putnam Loop Road is $7,575.
What are some comparable homes to 162 Putnam Loop Road?
There are currently no comparable homes to 162 Putnam Loop Road.
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