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Clay 32068
1811 CHERRY CRK Way
$415,000
● House - Off Market

1811 CHERRY CRK Way

Middleburg, FL 32068
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,083 Ft²
$2,442
Est. Monthly
$7
HOA / Fees
7.02%
Cap Rate

About This Property

Don't miss this opportunity to own this spacious  open floor plan home. This home is in Immaculate condition get the key and move right in.  Check out the large kitchen with breakfast bar, granite countertops with lots of cabinet space.  Split bedroom plan with 4 bedrooms and 2 baths.  Absolutely the best covered patio with large pool. Lots of family and private entertaining.
Unit Size
2,083 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$204
Property Type
House
Property Taxes
$348
HOA Dues
$7
Year Built
2016

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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 (Real MLS #2059045)

Price History

Date / Event Date Event Price
Feb 5, 2025 Sold
Premium
Sold
Dec 30, 2024 In contract -
In contract
Dec 2, 2024 Listed by UNITED REAL ESTATE GALLERY $425,000
Listed by UNITED REAL ESTATE GALLERY
Jan 4, 2017 Sold
Premium
Sold
Dec 1, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 9
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 420
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 8,232
  • Total Building Area: 2,661
  • Gross Building Area: 2,661
  • Building Area: 2,083
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,083
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AZALEA RIDGE UNIT 2
  • Land Acres: 0000000189
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 264 AZALEA RIDGE UNIT 2 AS REC OR 3931 PG 1376

Neighborhood

  • School District Name: Clay County School District
  • Census Tract: 030204

Geography

  • Assessors Map Reference: MAP 222.00
  • Parcel: 01-05-24-005924-006-14
  • Lot: 264
  • Meridian: SEC 01 TWN 05S RNG 24E
  • Municipality: UNINCORPORATED
  • Latitude: 30.099
  • Longitude: -81.8624

    Address

  • Full Address: 1811 Cherry Creek Way
  • Legal Unit: 2
  • Address - House Number: 1811
  • Address - Street Name: Cherry Creek
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Middleburg
  • Carrier Code: H044
  • 4-Digit Zip Code: 8810
  • Zip Code: 32068

Valuation

    Tax

  • Total Area: 2,661
  • Tax Year: 2022
  • Tax Amount: $376,771
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1653
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 79
  • Final Value: 425,422
  • High Value: 495,768
  • Low Value: 355,075

    Market Valuation

  • Market Total Value: $319,250
  • Market Land Value: $40,000
  • Market Improvement Value: $279,250

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $214,603

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 22, 2016
  • Current Sale Recording Date: Jan 04, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2017000327
  • Previous Sale Recording Date: Dec 01, 2016
  • Previous Sale Contract Date: Dec 01, 2016
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: 27
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 Clay

Stats & Trends

Median Asking:

$353,245

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

77

Average Home Size

2022 ft²

Average Home Age

21.1 years

Currently For Sale

1084 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 1897 High Prairie Lane, Middleburg, FL, 32068

$1,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,729 ft²
1897 High Prairie Lane, Middleburg, FL, 32068 Listing by JAMES WINCHELL
Unit for rent at 1420 Tropical Pine Cove, Middleburg, FL, 32068

$2,200 /mo

  • 4 Beds
  • 3 Baths
  • 1,896 ft²
1420 Tropical Pine Cove, Middleburg, FL, 32068 Listing by SANDRA TUCKER

Rentals Near You

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

Listed by: SHARON MATHIS, UNITED REAL ESTATE GALLERY
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2059045
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 1811 Cherry Creek Way built and last sold?
The property at 1811 Cherry Creek Way was built in 2016 and last sold on Dec 22, 2016 for $239,990.
How much is this home worth?
The estimated value of the home located at 1811 Cherry Creek Way is $412,949.
What are some comparable homes to 1811 Cherry Creek Way?
There are currently no comparable homes to 1811 Cherry Creek Way.
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