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Welaka 32193
216 OAK RIDGE Drive
$3,000
● Land - Off Market

216 OAK RIDGE Drive

Welaka, FL 32193
bedrooms
Studio
bathrooms
0 Bath
$15
Est. Monthly

About This Property

Nice building lot with water & sewer available. Located close to the St. Johns River.
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
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: 2 years ago (Real MLS #696394)

Price History

Date / Event Date Event Price
Nov 10, 2021 Sold
Premium
Sold
Aug 13, 2020 Sold
Premium
Sold
Dec 17, 2013 Listed by COLDWELL BANKER BEN BATES INC $3,000
Listed by COLDWELL BANKER BEN BATES INC
Sep 29, 2010 Listed by COLDWELL BANKER BEN BATES INC $3,000
Listed by COLDWELL BANKER BEN BATES INC
Nice building lot with water & sewer available. Located close to the St. Johns River.
Feb 25, 2010 Sold
Premium
Sold
Show More

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: 10,454
  • 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: WELAKA VILLAGE
  • Land Acres: 0000000240
  • Standard Land Use Code: 8000
  • County Land Use Code: 00000
  • Legal Description 1: WELAKA VILLAGE UNIT 1 MB6 P83

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 951300

Geography

  • Account Number: 94736
  • Parcel: 03-12-26-9240-0000-0430
  • Lot: 43
  • Meridian: SEC 03 TWN 12S RNG 26E
  • Municipality: TOWN OF WELAKA
  • Latitude: 29.477
  • Longitude: -81.6597

    Address

  • Full Address: 216 Oak Ridge Dr
  • Address - House Number: 216
  • Address - Street Name: Oak Ridge
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Welaka
  • Carrier Code: H010
  • 4-Digit Zip Code: 2214
  • Zip Code: 32193

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,453
  • Initial Tax Delinquent Year: 2012
  • Tax Rate Code Area: 050

    Market Valuation

  • Market Total Value: $6,000
  • Market Land Value: $6,000

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $6,000
  • Assessed Land Value: $6,000

    Sales

  • Current Sale Contract Date: Nov 09, 2021
  • Current Sale Recording Date: Nov 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 202154026146
  • Previous Sale Recording Date: Aug 13, 2020
  • Previous Sale Contract Date: Aug 13, 2020
  • Previous Sale Amount: $5,910
  • Previous Sale Document Type: 52
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 Welaka

Stats & Trends

Median Asking:

$367,500

Sale Price/ft²

$240

Below Asking

0.04%

Average Days on Market

94

Average Home Size

1839 ft²

Average Home Age

25.8 years

Currently For Sale

12 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 99 Broad River Place, Welaka, FL, 32193

$1,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,208 ft²
99 Broad River Place #3102, Welaka, FL, 32193 Listing by JANA MCNALLY
Unit for rent at 295 Maxwell Drive, Welaka, FL, 32193

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,873 ft²
295 Maxwell Drive, Welaka, FL, 32193 Listing by MARY BURNETT

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: RICHARD RADTKE, COLDWELL BANKER BEN BATES INC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 696394
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 216 Oak Ridge Drive built and last sold?
The property at 216 Oak Ridge Drive was built in and last sold on Nov 9, 2021 for $10,500.
How much is this home worth?
The estimated value of the home located at 216 Oak Ridge Drive is $3,030.
What are some comparable homes to 216 Oak Ridge Drive?
There are currently no comparable homes to 216 Oak Ridge Drive.
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