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Putnam
185 Bumpy Road
$140,000
● House - Off Market

185 Bumpy Road

Melrose, FL 32666
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,453 Ft²
$688
Est. Monthly

About This Property

Solid glass A-frameside looking out at the large beautiful oaks and the trail down to Lake Swan is focus of the home. Master suite is in the loft area which has even a better view of this beautiful property. There is a 1000 sq.ft. garage bldg. with a stairway to more storage or you can have a 2nd floor if completed for a guest house or a getaway. This shows like a new home so do not let age of home deter you; come see!!! (H-152)
Unit Size
1,453 Ft²
Days on Market
-
Land Size
-
Price per sqft
$96
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1974

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 2 years ago (Real MLS #597577)

Price History

Date / Event Date Event Price
Jul 20, 2023 Sold
Premium
Sold
Jun 2, 2023 Listed by CB ISAAC REALTY $265,000
Listed by CB ISAAC REALTY
Aug 20, 2019 Sold
Premium
Sold
May 4, 2019 Listed by CB ISAAC REALTY $175,000
Listed by CB ISAAC REALTY
Aug 27, 2012 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 960
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 70,132
  • Total Building Area: 912
  • Gross Building Area: 912
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 912
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001610
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: PT OF LOTS 1 & 2 OR310 P867 (LOT 9) & OR310 P859 (LOT 8)

Neighborhood

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

Geography

  • Account Number: 71023
  • Parcel: 09-09-23-0000-0033-0000
  • Lot: 1
  • Meridian: SEC 09 TWN 09S RNG 23E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.7311
  • Longitude: -82.0003

    Address

  • Full Address: 185 Bumpy Rd
  • Address - House Number: 185
  • Address - Street Name: Bumpy
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Melrose
  • Carrier Code: R003
  • 4-Digit Zip Code: 3016
  • Zip Code: 32666

Valuation

    Tax

  • Total Area: 1,878
  • Tax Year: 2023
  • Tax Amount: $404,036
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 245,835
  • High Value: 359,771
  • Low Value: 131,898

    Market Valuation

  • Market Total Value: $271,870
  • Market Land Value: $28,980
  • Market Improvement Value: $242,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $271,870
  • Assessed Land Value: $28,980
  • Assessed Improvements Value: $242,890

    Sales

  • Current Sale Contract Date: Jul 18, 2023
  • Current Sale Recording Date: Jul 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 16057
  • Previous Sale Recording Date: Aug 20, 2019
  • Previous Sale Contract Date: Aug 19, 2019
  • Previous Sale Amount: $179,900
  • 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 Putnam

Stats & Trends

Median Asking:

$280,000

Sale Price/ft²

$189

Below Asking

0.03%

Average Days on Market

76

Average Home Size

1767 ft²

Average Home Age

46.4 years

Currently For Sale

417 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

Rentals Near You

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

Listed by: SUE PLASTER, CB ISAAC REALTY
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 597577
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 185 Bumpy Road built and last sold?
The property at 185 Bumpy Road was built in 1974 and last sold on Jul 18, 2023 for $255,000.
How much is this home worth?
The estimated value of the home located at 185 Bumpy Road is $269,389.
What are some comparable homes to 185 Bumpy Road?
There are currently no comparable homes to 185 Bumpy Road.
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