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Putnam 32640
203 FLORADANDY Road
$350,000
● House - Off Market

203 FLORADANDY Road

Hawthorne, FL 32640
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,200 Ft²
$2,124
Est. Monthly
4.86%
Cap Rate

About This Property

Immaculate Lake Home on Big Lake McMeekin.  Wonderful waterfront location centered between Palatka and Gainesville for easy commutes to either. Lake is large enough for boating and this property has its own private concrete boat ramp and dock on site for easy access to the water. RV hookup for extra guest.  Home comes fully furnished so bring your clothes and toothbrush and get ready for summer or year round fun. Great lake views from the open living area.  Custom kitchen with breakfast bar and large center island. Wood countertops, farm sink and stainless steel appliances. Split bedroom plan for privacy, owners suite has bath with double sinks and large tile shower. Home is bright, cheerful and beautifully decorated.  Flood Insurance should not be required as home is not in the flood zone.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
2.09 acres
Price per sqft
$312
Property Type
House
Property Taxes
$282
HOA Dues
-
Year Built
2017

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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: 2 years ago (Real MLS #2033174)

Price History

Date / Event Date Event Price
Jul 19, 2024 Sold
Premium
Sold
Jul 4, 2024 In contract -
In contract
Jun 22, 2024 Listed by MODERN REALTY OF FLORIDA $374,900
Listed by MODERN REALTY OF FLORIDA
Sep 8, 2004 Sold
Premium
Sold
Jul 2, 2002 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • 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: 97,139
  • Lot Size Depth Feet: 3,650
  • Lot Size Frontage Feet: 820
  • Total Building Area: 956
  • Gross Building Area: 956
  • Building Area: 956
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 956
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INTERLACHEN LAKE ESTATES UNIT #22
  • Land Acres: 0000002230
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 07
  • Legal Description 1: PT OF W1/2 OF SW1/4 OF SW1/4 OR349 P37 (LOT 12)

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 002002

Geography

  • Account Number: 76472
  • Parcel: 28-10-23-0000-0140-0120
  • Lot: 12
  • Meridian: SEC 28 TWN 10S RNG 23E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.5884
  • Longitude: -82.0104

    Address

  • Full Address: 203 Floradandy Rd
  • Address - House Number: 203
  • Address - Street Name: Floradandy
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Hawthorne
  • Zip Code: 32640

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $338,697
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 200,501
  • High Value: 293,426
  • Low Value: 107,575

    Market Valuation

  • Market Total Value: $201,280
  • Market Land Value: $51,670
  • Market Improvement Value: $149,610

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $201,280
  • Assessed Land Value: $51,670
  • Assessed Improvements Value: $149,610

    Sales

  • Current Sale Contract Date: Aug 30, 2004
  • Current Sale Recording Date: Sep 08, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 509367
  • Previous Sale Recording Date: Jul 02, 2002
  • Previous Sale Contract Date: Jun 28, 2002
  • Previous Sale Amount: $56,000
  • 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 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

Rentals Near You

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Real MLS

Listed by: LARISSA RICKETTS-OWENS, MODERN REALTY OF FLORIDA
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2033174
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 203 Floradandy Road built and last sold?
The property at 203 Floradandy Road was built in 2017 and last sold on Aug 30, 2004 for $10,000.
How much is this home worth?
The estimated value of the home located at 203 Floradandy Road is $0.
What are some comparable homes to 203 Floradandy Road?
There are currently no comparable homes to 203 Floradandy Road.
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