$164,900
●
House -
For Sale
2004 GOLF Drive
Palatka, FL 32177
2 Beds
1 Bath
1,357 Ft²
$1,110
Est. Monthly
About This Property
INVESTOR ALERT - INCOME-PRODUCING PROPERTY! Looking to expand your
rental portfolio? Here's an opportunity to own an income-producing
property in Palatka! This 2-bedroom, 1-bath home features a bonus
room, screened porch, updated electrical wiring, and a durable
metal roof. Conveniently located within walking distance of the
Palatka Golf Course, this property offers an appealing location for
tenants. Currently tenant-occupied and generating $950 per month in
rental income, providing an immediate income stream for its next
owner. Whether you're a seasoned investor looking to expand your
portfolio or just getting started, this property deserves a look!
Four additional homes are also available for purchase! Properties
may be purchased individually or together as a 5-property
investment portfolio. Don't miss this opportunity to grow your real
estate holdings with established rental properties in Palatka!
Unit Size
1,357 Ft²
Days on Market
6 days
Land Size
0.22 acres
Price per sqft
$122
Property Type
House
Property Taxes
$299
HOA Dues
-
Year Built
1960
Listed By
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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: 6 days ago (Real MLS #2172665)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 6, 2026 | Listed by THE FIELDS GROUP REALTY | $164,900 | |
| Listed by THE FIELDS GROUP REALTY | |||
| Aug 21, 2018 | Sold | ||
| Sold | |||
| Sep 29, 2016 | Sold | ||
| Sold | |||
| Mar 15, 2016 | Listed by THE FIELDS GROUP REALTY | $34,800 | |
| Listed by THE FIELDS GROUP REALTY | |||
| Dec 7, 2005 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Parking Details
Has Carport
Parking Features: Additional Parking
Interior Details
Full Bathrooms: 1
Appliances: None
Flooring Type: Carpet, Tile
Exterior Details
Square Footage: 1357
Square Footage Source: $0
Year Built: 1960
Patio and Porch Features: Porch, Screened
Lot Size Area: 0.22
Lot Size Units: Acres
Lot Size Acres: 0.22
Lot Size Square Feet: 9583.2
Water Source: Public
Financial Details
Tax Annual Amount: $3,592
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Palatka
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Listed by: CHRIS FIELDS, THE FIELDS GROUP REALTY
Last Updated: 6 days ago
Data Source: Real MLS, MLS# 2172665
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.
Last Updated: 6 days ago
Data Source: Real MLS, MLS# 2172665
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