169 JOHNS Road
About This Property
Welcome to 169 Johns Rd in Palatka Fl! This newly renovated home has 4 bedrooms, 3 bathrooms & sits on a spacious 5.43 acres of partially fenced in land. Surrounded by nature with an abundance of beautiful wildlife, you will feel right at home in this secluded, relaxing paradise. It is zoned agriculture & large enough to bring all your furry friends! Horses, cows, etc. are welcome. Home has 2 additional sheds for storage & concrete slab for patio. With over 1800 square feet & 3 porches, there is more than enough space for friends & family gatherings. Located in a quiet neighborhood just on the outskirts of town with a 10 minute commute to local shopping centers & restaurants.
This is a rare find!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 27, 2024 | Sold | ||
| Sold | |||
| Feb 27, 2023 | Listed by BEACH STATE REALTY | $239,000 | |
| Listed by BEACH STATE REALTY | |||
| May 24, 2022 | Listed by MODERN REALTY OF FLORIDA | $239,000 | |
| Listed by MODERN REALTY OF FLORIDA | |||
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Wonderful 4/3 home with many recent upgrades included new HVAC split unit. Home sits on 5.43 acres of agricultural land that goes across creek and has small pond and artesian well. Property is fenced on 3 sides and has two storage buildings and concrete slab for patio. Great spot for garden and nice oaks shading the yard and home. Plenty of space inside and out. Located on paved street with easy commute to Palaltka and St. Augustine.
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| Apr 28, 2014 | Sold | ||
| Sold | |||
| Nov 15, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017