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Neptune Beach 32266 Neptune Beach
1960 PENMAN Road
$310,000
● House - Off Market

1960 PENMAN Road

Neptune Beach, FL 32266
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,566 Ft²
$490,840
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Owners selling AS-IS, New A/C installed April 2019, Roof 10yrs old. Pool pump is running great!
Unit Size
1,566 Ft²
Days on Market
-
Land Size
-
Price per sqft
$214
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976

Payment Calculator

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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: 3 years ago (Real MLS #1010336)

Price History

Date / Event Date Event Price
Apr 30, 2021 Sold
Premium
Sold
Sep 16, 2019 Sold
Premium
Sold
Aug 10, 2019 Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY $334,900
Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 667
  • Parking Space Count: 2
  • Patio Type: 92
  • Porch Type: 125
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,906
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 950
  • Total Building Area: 2,653
  • Gross Building Area: 2,653
  • Building Area: 1,566
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,566
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TWELVE OAKS
  • Land Acres: 0000000273
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 35-62 38-2S-29E TWELVE OAKS LOT 4

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 014002

Zoning

  • Zoning: NR-2

Geography

  • Assessors Map Reference: 9429
  • Parcel: 178745-0108
  • Lot: 4
  • Meridian: SEC 38 TWN 02S RNG 29E
  • Municipality: CITY OF NEPTUNE BEACH
  • Latitude: 30.3086
  • Longitude: -81.4072

    Address

  • Full Address: 1960 Penman Rd
  • Address - House Number: 1960
  • Address - Street Name: Penman
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Neptune Beach
  • Carrier Code: C015
  • 4-Digit Zip Code: 3184
  • Zip Code: 32266

Valuation

    Tax

  • Total Area: 2,013
  • Tax Year: 2022
  • Tax Amount: $430,147
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: USD4

    Appraisal Valuation

  • Standard Deviation: 0.2117
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 71
  • Final Value: 573,471
  • High Value: 694,889
  • Low Value: 452,052

    Market Valuation

  • Market Total Value: $415,761
  • Market Land Value: $225,000
  • Market Improvement Value: $190,761

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $293,456

    Sales

  • Current Sale Contract Date: Sep 11, 2019
  • Current Sale Recording Date: Apr 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 21
  • Current Sale Input Document Number: 2021110553
  • Previous Sale Recording Date: Sep 16, 2019
  • Previous Sale Contract Date: Sep 11, 2019
  • Previous Sale Amount: $310,000
  • 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 Beaches

Stats & Trends

Median Asking:

$739,500

Sale Price/ft²

$441

Below Asking

0.03%

Average Days on Market

70

Average Home Size

2001 ft²

Average Home Age

36.8 years

Currently For Sale

250 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 798 Main Street, Atlantic Beach, FL, 32233

$2,550 /mo

  • 2 Beds
  • 1 Bath
  • 1,152 ft²
798 Main Street, Atlantic Beach, FL, 32233 Listing by LINDSEY OSTEEN
Unit for rent at 1067 Hibiscus Street, Atlantic Beach, FL, 32233

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,164 ft²
1067 Hibiscus Street, Atlantic Beach, FL, 32233 Listing by INNA BELL
Unit for rent at 511 Camelia Street, Atlantic Beach, FL, 32233

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,144 ft²
511 Camelia Street, Atlantic Beach, FL, 32233 Listing by JON HURM

Rentals Near You

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

Listed by: KRIS PEDERSEN, BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1010336
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 1960 Penman Road built and last sold?
The property at 1960 Penman Road was built in 1976 and last sold on Sep 11, 2019 for $310,000.
How much is this home worth?
The estimated value of the home located at 1960 Penman Road is $0.
What are some comparable homes to 1960 Penman Road?
There are currently no comparable homes to 1960 Penman Road.
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