187 Paris Street
About This Property
Zoned R-2, this parcel allows for site-built, manufactured, modular, mobile, tiny homes, and barndominiums, giving you full flexibility to create the residence or investment property that fits your vision. With no HOA, low property taxes, and a location in a growing area of Putnam County, this is a smart and affordable opportunity to own a piece of Florida.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 30, 2026 | Price Decreased |
$12,000
↓ $500
(4%) | |
| Price Decreased | |||
| Nov 15, 2025 | Price Decreased |
$12,500
↓ $1K
(9.4%) | |
| Price Decreased | |||
| Aug 8, 2025 | Price Decreased |
$13,800
↓ $100
(0.7%) | |
| Price Decreased | |||
| Jul 2, 2025 | Listed by American Realty of PSL LLC | $13,900 | |
| Listed by American Realty of PSL LLC | |||
| Mar 27, 2025 | Listed | $13,500 | |
| Listed | |||
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Come out to Interlachen and enjoy the peaceful, serene atmoshphere on this .27 acre. Sand roads and natural atmosphere. Fishing, shopping, and Gainesville approximately 30 miles away along with the great shops and atmosphere within driving distance to Palatka.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017