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Flagler 32110
1875 Papaya STREET
$29,500
● Land - Off Market

1875 Papaya STREET

BUNNELL, FL 32110
bedrooms
Studio
bathrooms
0 Bath
$172
Est. Monthly
32.04%
Cap Rate

About This Property

Offering endless possibilities, build your dream home on this beautiful 1.136-acres Nestled in Daytona North. This vacant lot is not only zoned for mobile homes and single-family residences but also allows for livestock. For those who love the outdoors, boating and fishing adventures just minutes away at Bull Creek Fish Camp, Dead Lake, or Crescent Lake. Drive by today!
Unit Size
-
Days on Market
-
Land Size
1.14 acres
Price per sqft
-
Property Type
Land
Property Taxes
$24
HOA Dues
-
Year Built
-

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 (Stellar MLS #FC296881)

Price History

Date / Event Date Event Price
Feb 14, 2024 Sold
Premium
Sold
Dec 23, 2023 Listed by REALTY EXCHANGE, LLC $30,000
Listed by REALTY EXCHANGE, LLC
Mar 12, 2002 Sold
Premium
Sold

Property Highlights

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: 49,484
  • Lot Size Frontage Feet: 1,650
  • 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: V
  • Subdivision: DAYTONA NORTH
  • Land Acres: 0000001136
  • Standard Land Use Code: 8000
  • County Land Use Code: 00000
  • State Land Use Code: 0000
  • Legal Description 1: DAYTONA NORTH SUBD BLOCK 85 LOT 15 OR BOOK 108 PAGE 526 OR 199 PG 126 OR 808 PG 444

Neighborhood

  • School District Name: Flagler County School District
  • Census Tract: 060206

Zoning

  • Zoning: MH-1

Geography

  • Parcel: 13-12-28-1800-00850-0150
  • Block: 85
  • Lot: 15
  • Meridian: SEC 13 TWN 12S RNG 28E
  • Municipality: DAYTONA NORTH SERVICE
  • Latitude: 29.4541
  • Longitude: -81.3982

    Address

  • Full Address: 1875 Papaya St
  • Address - House Number: 1875
  • Address - Street Name: Papaya
  • Address - Suffix Type: St
  • State: FL
  • City Name: Bunnell
  • Zip Code: 32110

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $28,668
  • Tax Rate Code Area: 076

    Market Valuation

  • Market Total Value: $19,000
  • Market Land Value: $19,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,000
  • Assessed Land Value: $19,000

    Sales

  • Current Sale Contract Date: Feb 08, 2024
  • Current Sale Recording Date: Feb 14, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5908
  • Previous Sale Recording Date: Mar 12, 2002
  • Previous Sale Contract Date: Feb 28, 2002
  • Previous Sale Amount: $4,000
  • 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 Flagler

Stats & Trends

Median Asking:

$379,100

Sale Price/ft²

$201

Below Asking

0.03%

Average Days on Market

78

Average Home Size

2063 ft²

Average Home Age

15.6 years

Currently For Sale

2020 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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STELLAR

Listed by: Brittany Licari
REALTY EXCHANGE, LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# FC296881
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. Information is deemed reliable but not guaranteed. 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 1875 Papaya Street built and last sold?
The property at 1875 Papaya Street was built in and last sold on Feb 8, 2024 for $29,500.
How much is this home worth?
The estimated value of the home located at 1875 Papaya Street is $0.
What are some comparable homes to 1875 Papaya Street?
There are currently no comparable homes to 1875 Papaya Street.
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