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Putnam 32189
207 Palmway Drive
$87,500
● Mobile Manufactured - Off Market

207 Palmway Drive

Satsuma, FL 32189
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,539 Ft²
$430
Est. Monthly

About This Property

SELLERS HELP BUYERS BY LOWERING PRICE!  Lots of space! Lovely ''Homes of Merit''! A completely fenced yard! Who wouldn't love a kitchen w/ breakfast bar & center island! Owners have made certain this home is move-in ready! New since 11/08: Well Pump, 1/c carport, front deck roof, water softener, & a 10 x 12 metal shed!  AC & ductwork inspected, & septic pumped!  Balance of  AHS warranty included!
Unit Size
1,539 Ft²
Days on Market
-
Land Size
-
Price per sqft
$57
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
2004

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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 #511186)

Price History

Date / Event Date Event Price
Mar 2, 2011 Sold
Premium
Sold
Jun 15, 2010 Listed by WATSON REALTY CORP $59,900
Listed by WATSON REALTY CORP
Nov 23, 2009 Listed by WATSON REALTY CORP $87,500
Listed by WATSON REALTY CORP
Nov 20, 2008 Sold
Premium
Sold
Aug 18, 2008 Listed by WATSON REALTY CORP $79,900
Listed by WATSON REALTY CORP

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • 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: 10,019
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,539
  • Gross Building Area: 1,539
  • Building Area: 1,539
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,539
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ST JOHNS RIVERSIDE ESTATES
  • Land Acres: 0000000230
  • 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 RIVER RIDGE SECTION MB4 P130 BLK 12 LOT 7 (MAP SHEET 32/43B/44/45A)

Neighborhood

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

Geography

  • Account Number: 60606
  • Parcel: 43-10-27-8255-0120-0070
  • Block: 12
  • Lot: 7
  • Meridian: SEC 43 TWN 10S RNG 27E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.5835
  • Longitude: -81.6044

    Address

  • Full Address: 207 Palmway Dr
  • Address - House Number: 207
  • Address - Street Name: Palmway
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Satsuma
  • Carrier Code: H005
  • 4-Digit Zip Code: 2515
  • Zip Code: 32189

Valuation

    Tax

  • Total Area: 1,645
  • Tax Year: 2023
  • Tax Amount: $107,448
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 120,051
  • High Value: 175,690
  • Low Value: 64,411

    Market Valuation

  • Market Total Value: $133,260
  • Market Land Value: $4,920
  • Market Improvement Value: $128,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 16, 2011
  • Current Sale Recording Date: Mar 02, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201154724136
  • Previous Sale Recording Date: Nov 20, 2008
  • Previous Sale Contract Date: Nov 13, 2008
  • Previous Sale Amount: $77,500
  • 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:

$279,250

Sale Price/ft²

$189

Below Asking

0.03%

Average Days on Market

75

Average Home Size

1774 ft²

Average Home Age

46.2 years

Currently For Sale

412 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: LINDA L GOULD, WATSON REALTY CORP
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 511186
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 207 Palmway Drive built and last sold?
The property at 207 Palmway Drive was built in 2004 and last sold on Feb 16, 2011 for $60,000.
How much is this home worth?
The estimated value of the home located at 207 Palmway Drive is $0.
What are some comparable homes to 207 Palmway Drive?
There are currently no comparable homes to 207 Palmway Drive.
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