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Putnam
163 LAKEVIEW Drive
$65,000
● Land - Off Market

163 LAKEVIEW Drive

Melrose, FL 32666
bedrooms
Studio
bathrooms
0 Bath
$506
Est. Monthly

About This Property

Welcome to Melrose. Beautiful property located on Half Moon Lake.  This listing consists of 2 lots (161 Lakeview which is .56 acres & 163 Lakeview which is .48 acres or Lot 16 & 17)   The land is cleared and features well, septic and electric already on the property attached to a doublewide.  Doublewide will remain on the property and valued at zero.  It will be the responsibility of the buyer to do as they see fit with trailer after closing.
Unit Size
-
Days on Market
-
Land Size
1.04 acres
Price per sqft
-
Property Type
Land
Property Taxes
$88
HOA Dues
-
Year Built
1989

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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 #2013150)

Price History

Date / Event Date Event Price
Apr 11, 2024 Sold
Premium
Sold
Mar 7, 2024 Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY $85,000
Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Feb 7, 2022 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • 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: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Lot Size Depth Feet: 3,140
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,300
  • Gross Building Area: 1,300
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HALF MOON SUB
  • Land Acres: 0000000480
  • Standard Land Use Code: 1006
  • County Land Use Code: 00200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: HALF MOON INC UNIT 1 MB5 P33 LOT 16, BLK 3 OR 310 P 841

Neighborhood

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

Geography

  • Account Number: 11506
  • Parcel: 03-09-23-3408-0030-0160
  • Block: 3
  • Lot: 16
  • Meridian: SEC 03 TWN 09S RNG 23E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.7402
  • Longitude: -81.9863

    Address

  • Full Address: 163 Lakeview Dr
  • Address - House Number: 163
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melrose
  • Carrier Code: R003
  • 4-Digit Zip Code: 3024
  • Zip Code: 32666

Valuation

    Tax

  • Total Area: 1,497
  • Tax Year: 2023
  • Tax Amount: $105,179
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4964
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 42
  • Final Value: 99,287
  • High Value: 137,923
  • Low Value: 60,652

    Market Valuation

  • Market Total Value: $64,830
  • Market Land Value: $6,330
  • Market Improvement Value: $58,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $64,830
  • Assessed Land Value: $6,330
  • Assessed Improvements Value: $58,500

    Sales

  • Current Sale Contract Date: Jan 11, 2022
  • Current Sale Recording Date: Feb 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 2964
  • Previous Sale Recording Date: Jan 11, 2022
  • Previous Sale Contract Date: Jan 11, 2022
  • Previous Sale Amount: $2,750
  • Previous Sale Document Type: 55
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:

$279,900

Sale Price/ft²

$188

Below Asking

0.03%

Average Days on Market

75

Average Home Size

1773 ft²

Average Home Age

45.7 years

Currently For Sale

413 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

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Real MLS

Listed by: DAWN POFF, BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 2013150
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 163 Lakeview Drive built and last sold?
The property at 163 Lakeview Drive was built in 1989 and last sold on Jan 11, 2022 for $2,800.
How much is this home worth?
The estimated value of the home located at 163 Lakeview Drive is $0.
What are some comparable homes to 163 Lakeview Drive?
There are currently no comparable homes to 163 Lakeview Drive.
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