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Putnam 32189
202 CLEARWATER Road
$78,000
● Mobile Manufactured - Off Market

202 CLEARWATER Road

Satsuma, FL 32189
bedrooms
2 Beds
bathrooms
2 Baths
square feet
960 Ft²
$587
Est. Monthly
28.52%
Cap Rate

About This Property

Welcome to 202 Clearwater Road in Satsuma. This 1994 2-bedroom, 2-bath manufactured home offers a semi-open floor plan with a breakfast bar overlooking the living room. Each bedroom has its own bathroom-one with a tub/shower combo and the other with a shower. The home sits on a spacious fenced corner lot with mature trees, providing plenty of room for pets, gardening, or outdoor gatherings. While the lot backs up to a canal, it is not large enough for a dock; however, the Shell Harbor public boat ramp is just 2 miles away. The property needs some TLC and will be sold as-is, cash only, with no repairs made by the sellers. Located 12 miles from Palatka and about 35 miles from historic St. Augustine, this property offers a relaxed lifestyle in a convenient location.
Unit Size
960 Ft²
Days on Market
39 days
Land Size
-
Price per sqft
$94
Property Type
Mobile Manufactured
Property Taxes
$144
HOA Dues
-
Year Built
1994

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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: 12 months ago (Real MLS #2108473)

Price History

Date / Event Date Event Price
Oct 21, 2025 Sold
Premium
Sold
Oct 17, 2025 In contract -
In contract
Sep 12, 2025 Listed by GREAT EXPECTATIONS REALTY $90,000
Listed by GREAT EXPECTATIONS REALTY
Feb 15, 2022 Sold
Premium
Sold
Aug 5, 2003 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Lot Size Depth Feet: 2,530
  • Lot Size Frontage Feet: 250
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 960
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ST JOHNS RIVERSIDE ESTATES RIV
  • Land Acres: 0000000480
  • Standard Land Use Code: 1006
  • County Land Use Code: 00200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: ST JOHNS RIVERSIDE ESTATES RIVEROAKS SEC 1ST ADD MB4 P194 BLK A LOT 58 (MAP SHEET 5/37)

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 951100

Geography

  • Account Number: 60253
  • Parcel: 37-11-27-8254-0010-0580
  • Block: 1
  • Lot: 58
  • Meridian: SEC 37 TWN 11S RNG 27E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.5769
  • Longitude: -81.6052

    Address

  • Full Address: 202 Clearwater Rd
  • Address - House Number: 202
  • Address - Street Name: Clearwater
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Satsuma
  • Carrier Code: H002
  • 4-Digit Zip Code: 2105
  • Zip Code: 32189

Valuation

    Tax

  • Total Area: 1,075
  • Tax Year: 2023
  • Tax Amount: $194,807
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 94,626
  • High Value: 138,482
  • Low Value: 50,769

    Market Valuation

  • Market Total Value: $103,530
  • Market Land Value: $43,560
  • Market Improvement Value: $59,970

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $103,530
  • Assessed Land Value: $43,560
  • Assessed Improvements Value: $59,970

    Sales

  • Current Sale Contract Date: Feb 15, 2022
  • Current Sale Recording Date: Feb 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3690
  • Previous Sale Recording Date: Aug 05, 2003
  • Previous Sale Contract Date: Aug 04, 2003
  • Previous Sale Amount: $32,200
  • Previous Sale Document Type: 40
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 Putnam

Stats & Trends

Median Asking:

$279,950

Sale Price/ft²

$188

Below Asking

0.03%

Average Days on Market

75

Average Home Size

1774 ft²

Average Home Age

45.4 years

Currently For Sale

411 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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Real MLS

Listed by: AMANDA EDWARDS, GREAT EXPECTATIONS REALTY
Last Updated: 12 months ago
Data Source: Real MLS, MLS# 2108473
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 202 Clearwater Road built and last sold?
The property at 202 Clearwater Road was built in 1994 and last sold on Feb 15, 2022 for $10,100.
How much is this home worth?
The estimated value of the home located at 202 Clearwater Road is $0.
What are some comparable homes to 202 Clearwater Road?
There are currently no comparable homes to 202 Clearwater Road.
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