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Welaka 32193
179 RIVER RDG Place
$235,000
● House - Off Market

179 RIVER RDG Place

Welaka, FL 32193
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,477 Ft²
$239,107
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Here is your chance to own a home in one of Welaka's newest neighborhoods! River Hills is the second phase of the Welaka Villages. This home was built in 2021 so all your major concerns of home ownership will be at ease. With a wonderful open floor plan family time will always feel warm and inviting. The kitchen is equipped with white shaker style cabinets, all stainless steel appliances, and beautiful granite countertops. The Primary bath boasts double sinks and a very large walk in closet. The large backyard is fully fenced with vinyl fencing and the perfect size to make it your dream outdoor area. With this home sitting in the lower 200's it won't last long. Don't sleep on this one!
Unit Size
1,477 Ft²
Days on Market
-
Land Size
-
Price per sqft
$162
Property Type
House
Property Taxes
-
HOA Dues
$11
Year Built
-

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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 #1248223)

Price History

Date / Event Date Event Price
Oct 31, 2023 Sold
Premium
Sold
Sep 15, 2023 Listed by MAVREALTY $240,000
Listed by MAVREALTY
Dec 20, 2021 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

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: 12,632
  • 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: R
  • Subdivision: WELAKA VILLAGE
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 00
  • Legal Description 1: WELAKA VILLAGE UNIT 2 REPLAT MB7 P4 LOT 88

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 951300

Geography

  • Account Number: 99381
  • Parcel: 03-12-26-9242-0000-0880
  • Lot: 88
  • Meridian: SEC 03 TWN 12S RNG 26E
  • Municipality: TOWN OF WELAKA
  • Latitude: 29.4787
  • Longitude: -81.6545

    Address

  • Full Address: 179 River Ridge Pl
  • Address - House Number: 179
  • Address - Street Name: River Ridge
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Welaka
  • Carrier Code: H010
  • 4-Digit Zip Code: 2220
  • Zip Code: 32193

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $369,726
  • Tax Rate Code Area: 050

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 228,513
  • High Value: 334,421
  • Low Value: 122,604

    Market Valuation

  • Market Total Value: $222,640
  • Market Land Value: $15,000
  • Market Improvement Value: $207,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,890

    Sales

  • Current Sale Contract Date: Oct 27, 2023
  • Current Sale Recording Date: Oct 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 24514
  • Previous Sale Recording Date: Dec 20, 2021
  • Previous Sale Contract Date: Dec 15, 2021
  • Previous Sale Amount: $192,990
  • Previous Sale Document Type: 68
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 Welaka

Stats & Trends

Median Asking:

$317,500

Sale Price/ft²

$239

Below Asking

0.04%

Average Days on Market

66

Average Home Size

1879 ft²

Average Home Age

41.6 years

Currently For Sale

11 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 99 Broad River Place, Welaka, FL, 32193

$1,850 /mo

  • 2 Beds
  • 2 Baths
  • 1,208 ft²
99 Broad River Place #3102, Welaka, FL, 32193 Listing by JANA MCNALLY

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: DIANA M JENKINS, MAVREALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1248223
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 179 River Ridge built and last sold?
The property at 179 River Ridge was built in and last sold on Oct 27, 2023 for $235,000.
How much is this home worth?
The estimated value of the home located at 179 River Ridge is $0.
What are some comparable homes to 179 River Ridge?
There are currently no comparable homes to 179 River Ridge.
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