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Palm Coast 32164 Pine Lakes
2 Wheeling LANE
$64,500
● Land - Off Market

2 Wheeling LANE

PALM COAST, FL 32164
bedrooms
Studio
bathrooms
0 Bath
$376
Est. Monthly
20.66%
Cap Rate

About This Property

Fantastic corner lot in beautiful Pine Lakes subdivision. Quick access to local retail, restaurants, golf and still a short drive to the beach.
Unit Size
-
Days on Market
48 days
Land Size
0.29 acres
Price per sqft
-
Property Type
Land
Property Taxes
$47
HOA Dues
-
Year Built
-

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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 #FC301229)

Price History

Date / Event Date Event Price
Jul 19, 2024 Sold
Premium
Sold
Jun 5, 2024 In contract -
In contract
Jun 1, 2024 Listed by FAIR MARKET REALTY $67,000
Listed by FAIR MARKET REALTY

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: 12,502
  • 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: PALM COAST
  • Land Acres: 0000000287
  • Standard Land Use Code: 8000
  • County Land Use Code: 00000
  • State Land Use Code: 0000
  • Legal Description 1: PALM COAST SECTION 23 BLOCK 57 LOT 10 OR 504 PG 1738 OR 1718/1554-CHEONG TRUST

Neighborhood

  • School District Name: Flagler County School District
  • Census Tract: 060211

Geography

  • Section: 23
  • Parcel: 07-11-31-7023-00570-0100
  • Block: 57
  • Lot: 10
  • Meridian: SEC 07 TWN 11S RNG 31E
  • Municipality: CITY OF PALM COAST
  • Latitude: 29.5205
  • Longitude: -81.2416

    Address

  • Full Address: 2 Wheeling Ln
  • Address - House Number: 2
  • Address - Street Name: Wheeling
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Palm Coast
  • Carrier Code: R030
  • 4-Digit Zip Code: 7270
  • Zip Code: 32164

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $54,829
  • Tax Rate Code Area: 061

    Market Valuation

  • Market Total Value: $46,000
  • Market Land Value: $46,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,000
  • Assessed Land Value: $46,000
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 Pine Lakes

Stats & Trends

Median Asking:

$359,900

Sale Price/ft²

$185

Below Asking

0.03%

Average Days on Market

77

Average Home Size

1946 ft²

Average Home Age

20.8 years

Currently For Sale

85 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 2 Plateau Lane, PALM COAST, FL, 32164

$1,300 /mo

  • 2 Beds
  • 1 Bath
  • 986 ft²
2 Plateau Lane, PALM COAST, FL, 32164 Listing by Marina Nikomarova

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Christina Fair
FAIR MARKET REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# FC301229
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 2 Wheeling Lane built and last sold?
The property at 2 Wheeling Lane was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2 Wheeling Lane is $67,670.
What are some comparable homes to 2 Wheeling Lane?
There are currently no comparable homes to 2 Wheeling Lane.
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