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Putnam
218 HOOVER Road
$187,000
● Mobile Manufactured - Off Market

218 HOOVER Road

Palatka, FL 32177
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,108 Ft²
$210,663
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

This spacious home offers so much. Enjoy country living in your 3/2 manufactured home on just over 2 acres. Living/dining area with a fireplace. Open concept with a spacious kitchen with a bonus living space off of it, with sliding doors leading out onto your large rear deck as well as inside laundry room. Home features 2x6 walls. Fenced and cross fenced. Fish in your own pond. The large chicken coop could hold 30-40 birds, is currently home to 3 chickens & 2 ducks. The 3 goats have kept the large extra lot and fence line clean. There are a number of extra buildings Including a 10x20 garage, 12x8 storage building, carport and others. Totally fenced with an electric gate for privacy. Don't let this one get away
Unit Size
2,108 Ft²
Days on Market
47 days
Land Size
-
Price per sqft
$94
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
2002

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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: 6 months ago (Real MLS #1204526)

Price History

Date / Event Date Event Price
Jan 31, 2023 Sold
Premium
Sold
Dec 10, 2022 Listed by IHEART REALTY INC $199,000
Listed by IHEART REALTY INC
Nov 6, 2019 Sold
Premium
Sold
Sep 7, 2019 Listed by IHEART REALTY INC $65,500
Listed by IHEART REALTY INC

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 91,476
  • Total Building Area: 2,108
  • Gross Building Area: 2,108
  • Building Area: 2,108
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,108
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INTERLACHEN LAKES ESTATES
  • Land Acres: 0000002100
  • Standard Land Use Code: 1006
  • County Land Use Code: 00200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: INTERLACHEN LAKES ESTATES, DUN

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950700

Geography

  • Account Number: 26512
  • Subdivision Tract Number: B
  • Parcel: 04-10-25-4077-0140-0051
  • Lot: 5.1
  • Meridian: SEC 04 TWN 10S RNG 25E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.6461
  • Longitude: -81.8111

    Address

  • Full Address: 218 Hoover Rd
  • Address - House Number: 218
  • Address - Street Name: Hoover
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Palatka
  • Zip Code: 32177

Valuation

    Tax

  • Total Area: 2,108
  • Tax Year: 2023
  • Tax Amount: $320,482

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 167,454
  • High Value: 245,063
  • Low Value: 89,844

    Market Valuation

  • Market Total Value: $180,380
  • Market Land Value: $21,000
  • Market Improvement Value: $159,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $180,380
  • Assessed Land Value: $21,000
  • Assessed Improvements Value: $159,380

    Sales

  • Current Sale Contract Date: Jan 30, 2023
  • Current Sale Recording Date: Jan 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2034
  • Previous Sale Recording Date: Nov 06, 2019
  • Previous Sale Contract Date: Oct 30, 2019
  • Previous Sale Amount: $55,500
  • Previous Sale Document Type: 68
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:

$275,000

Sale Price/ft²

$190

Below Asking

0.04%

Average Days on Market

97

Average Home Size

1775 ft²

Average Home Age

45.1 years

Currently For Sale

299 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 120 Dana Lane, Palatka, FL, 32177

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,496 ft²
120 Dana Lane, Palatka, FL, 32177 Listing by SAMANTHA SCHUPP

Rentals Near You

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

Listed by: RONALD SINGLETARY, IHEART REALTY INC
Last Updated: 6 months ago
Data Source: Real MLS, MLS# 1204526
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 218 Hoover Road built and last sold?
The property at 218 Hoover Road was built in 2002 and last sold on Jan 30, 2023 for $187,000.
How much is this home worth?
The estimated value of the home located at 218 Hoover Road is $0.
What are some comparable homes to 218 Hoover Road?
There are currently no comparable homes to 218 Hoover Road.
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