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Putnam
1774 STATE ROAD 100
$249,000
● Land - Off Market

1774 STATE ROAD 100

Melrose, FL 32666
bedrooms
Studio
bathrooms
0 Bath
$503,798
RealtyHop Estimate
68.49%
Since May 1, 2006
National-US
Primary Model

About This Property

22 beautiful acres located between Palatka and Keystone Heights. This property has been cleared and has well, power and a barn with 5 horse stalls. There is a small pond on the property. Check this one out! At this price it won't last long.

1774  SR 100.  ID: 02-09-23-0000-0380-0026 & 0023
Unit Size
-
Days on Market
-
Land Size
22.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2020

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: 3 years ago (Real MLS #270785)

Price History

Date / Event Date Event Price
Nov 21, 2019 Sold
Premium
Sold
Mar 10, 2014 Sold
Premium
Sold
Apr 15, 2006 Sold
Premium
Sold
Nov 7, 2005 Listed by WILLIS REAL ESTATE GROUP LLC $299,000
Listed by WILLIS REAL ESTATE GROUP LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • 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: 950,044
  • Total Building Area: 3,200
  • Gross Building Area: 3,200
  • Building Area: 3,200
  • Building Area Measurement: T

    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: A
  • Subdivision: LAKE FOREST PLANTATIONS F
  • Land Acres: 0000021810
  • Standard Land Use Code: 7012
  • County Land Use Code: 06400
  • State Land Use Code: 63
  • Legal Description 1: PT OF W1/2 OF SEC N OF SR 100

Neighborhood

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

Geography

  • Account Number: 94850
  • Subdivision Tract Number: F
  • Parcel: 02-09-23-0000-0380-0026
  • Meridian: SEC 02 TWN 09S RNG 23E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.7445
  • Longitude: -81.9758

    Address

  • Full Address: 1774 State Road 100
  • Address - House Number: 1774
  • Address - Street Name: State Road 100
  • State: FL
  • City Name: Melrose
  • Carrier Code: R003
  • 4-Digit Zip Code: 3143
  • Zip Code: 32666

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $156,713
  • Initial Tax Delinquent Year: 2021

    Market Valuation

  • Market Total Value: $394,930
  • Market Land Value: $327,150
  • Market Improvement Value: $67,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,310

    Sales

  • Current Sale Contract Date: Nov 15, 2019
  • Current Sale Recording Date: Nov 21, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 201954020962
  • Previous Sale Recording Date: Mar 10, 2014
  • Previous Sale Contract Date: Mar 05, 2014
  • Previous Sale Amount: $275,000
  • 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 Putnam

Stats & Trends

Median Asking:

$279,500

Sale Price/ft²

$189

Below Asking

0.03%

Average Days on Market

74

Average Home Size

1771 ft²

Average Home Age

45.9 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: BRIAN WILLIS, WILLIS REAL ESTATE GROUP LLC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 270785
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 1774 State Road 100 built and last sold?
The property at 1774 State Road 100 was built in 2020 and last sold on Nov 15, 2019 for $275,000.
How much is this home worth?
The estimated value of the home located at 1774 State Road 100 is $301,990.
What are some comparable homes to 1774 State Road 100?
There are currently no comparable homes to 1774 State Road 100.
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