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Marion 32686
16691 NW 128th TERRACE
$105,000
● Mobile Manufactured - Off Market

16691 NW 128th TERRACE

REDDICK, FL 32686
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,184 Ft²
$705
Est. Monthly
12.98%
Cap Rate

About This Property

3.32 acres, of partially wooded land with cleared home site, detached storage and carport with mostly fenced perimeter.  The value is in the land, the mobile home has no value.  PROPERTY IS BEING LISTED SIGHT UNSEEN.  NO INTERIOR ACCESS of dwelling WILL BE GRANTED.
Unit Size
1,184 Ft²
Days on Market
69 days
Land Size
3.32 acres
Price per sqft
$89
Property Type
Mobile Manufactured
Property Taxes
$190
HOA Dues
-
Year Built
1991

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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 #GC526811)

Price History

Date / Event Date Event Price
Feb 18, 2025 Sold
Premium
Sold
Jan 8, 2025 In contract -
In contract
Dec 11, 2024 Listed by COLDWELL BANKER M.M. PARRISH REALTORS $104,900
Listed by COLDWELL BANKER M.M. PARRISH REALTORS
Dec 10, 2008 Sold
Premium
Sold
Jun 17, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 4
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 11
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 144,619
  • Lot Size Depth Feet: 6,290
  • Lot Size Frontage Feet: 2,300
  • Total Building Area: 1,184
  • Gross Building Area: 1,488
  • Building Area: 1,184
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 1,184
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODLAND GLEN
  • Land Acres: 0000003320
  • Standard Land Use Code: 1006
  • County Land Use Code: 0200
  • State Land Use Code: 002
  • Mobile Home Indicator: T
  • Legal Description 1: SEC 05 TWP 13 RGE 20 PLAT BOOK X PAGE 072 WOODLAND GLEN BLK A LOT 33

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 000102

Zoning

  • Zoning: A1

Geography

  • Assessors Map Reference: MAP 67
  • Parcel: 05854-001-33
  • Block: A
  • Lot: 33
  • Meridian: SEC 5 TWN 13S RNG 20E
  • Municipality: COUNTY - SWFWMD-WR
  • Latitude: 29.3856
  • Longitude: -82.3364

    Address

  • Full Address: 16691 Nw 128th Ter
  • Address - House Number: 16691
  • Street Direction: NW
  • Address - Street Name: 128th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Reddick
  • Carrier Code: R003
  • 4-Digit Zip Code: 2412
  • Zip Code: 32686

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $281,939
  • Tax Rate Code Area: 9002

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 68
  • Final Value: 168,459
  • High Value: 207,313
  • Low Value: 129,606

    Market Valuation

  • Market Total Value: $159,442
  • Market Land Value: $40,770
  • Market Improvement Value: $118,672

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $159,442
  • Assessed Land Value: $40,770
  • Assessed Improvements Value: $118,672

    Sales

  • Current Sale Contract Date: Dec 05, 2008
  • Current Sale Recording Date: Dec 10, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2008119979
  • Previous Sale Recording Date: Jun 17, 2005
  • Previous Sale Contract Date: Jun 15, 2005
  • Previous Sale Amount: $94,900
  • 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 Marion

Stats & Trends

Median Asking:

$287,500

Sale Price/ft²

$175

Below Asking

0.03%

Average Days on Market

83

Average Home Size

1873 ft²

Average Home Age

21.2 years

Currently For Sale

5255 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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STELLAR

Listed by: Mike LeRoy
COLDWELL BANKER M.M. PARRISH REALTORS
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# GC526811
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 16691 Northwest 128th Terrace built and last sold?
The property at 16691 Northwest 128th Terrace was built in 1991 and last sold on Dec 5, 2008 for $120,000.
How much is this home worth?
The estimated value of the home located at 16691 Northwest 128th Terrace is $0.
What are some comparable homes to 16691 Northwest 128th Terrace?
There are currently no comparable homes to 16691 Northwest 128th Terrace.
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