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Putnam 32177
218 ST JOHNS Drive
$475,000
● Land - Off Market

218 ST JOHNS Drive

Palatka, FL 32177
bedrooms
Studio
bathrooms
0 Bath
$491,108
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Build your custom Riverfront Dream Home on this exclusive 2.34 acre property!  The dock and covered boathouse greet you as you scan the panoramic Saint Johns River views from the bulkheaded shoreline.  The boat drop on the left side is obscured by nature and ready for fresh eyes.  This spot is especially attractive because it's on the quietest road possible, Saint Johns Drive, which dead ends nearby.  There is no traffic and there are seldom any sounds from civilization: only the pastoral songs of birds chirping and breezes gently rustling leaves.There is plenty of privacy from the friendly neighbors to either side.  Across the street, on the West side is woods.  The views are miles deep and the cove makes it a particularly protected and quiet spot on the water.
Unit Size
-
Days on Market
-
Land Size
2.34 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1965

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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 #1169004)

Price History

Date / Event Date Event Price
Aug 11, 2022 Sold
Premium
Sold
May 6, 2022 Listed by FLORIDA HOMES REALTY & MTG LLC $475,000
Listed by FLORIDA HOMES REALTY & MTG LLC
Dec 12, 2012 Sold
Premium
Sold
Feb 28, 2012 Listed by FLORIDA HOMES REALTY & MTG LLC $349,500
Listed by FLORIDA HOMES REALTY & MTG LLC
Dec 15, 2010 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1965
  • 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
  • Living Units: 1
  • 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: 101,930
  • Lot Size Depth Feet: 5,100
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 1,915
  • Building Area: 1,915

    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: R
  • Subdivision: BRIDGEPORT
  • Land Acres: 0000002340
  • Standard Land Use Code: 1000
  • County Land Use Code: 00700
  • State Land Use Code: 07
  • Legal Description 1: BRIDGEPORT MB2 P55A BLK 3 LOTS 23 & 24

Neighborhood

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

Geography

  • Account Number: 2368
  • Parcel: 02-09-27-0770-0030-0230
  • Block: 3
  • Lot: 23
  • Meridian: SEC 02 TWN 09S RNG 27E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.7504
  • Longitude: -81.5692

    Address

  • Full Address: 218 Saint Johns
  • Address - House Number: 218
  • Address - Street Name: Saint Johns
  • State: FL
  • City Name: Palatka
  • Zip Code: 32177

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $658,388
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 462,321
  • High Value: 676,591
  • Low Value: 248,050

    Market Valuation

  • Market Total Value: $402,600
  • Market Land Value: $355,200
  • Market Improvement Value: $47,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $402,600
  • Assessed Land Value: $355,200
  • Assessed Improvements Value: $47,400

    Sales

  • Current Sale Contract Date: Aug 11, 2022
  • Current Sale Recording Date: Aug 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19861
  • Previous Sale Recording Date: Dec 12, 2012
  • Previous Sale Contract Date: Dec 11, 2012
  • Previous Sale Amount: $285,000
  • 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

Unit for rent at 134 Bowfin Drive, Palatka, FL, 32177

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,540 ft²
134 Bowfin Drive, Palatka, FL, 32177 Listing by STEPHANIE HAWKINS HUSKEY

Rentals Near You

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

Listed by: JASON PERRY, FLORIDA HOMES REALTY & MTG LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1169004
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 St Johns Drive built and last sold?
The property at 218 St Johns Drive was built in 1965 and last sold on Aug 11, 2022 for $475,000.
How much is this home worth?
The estimated value of the home located at 218 St Johns Drive is $0.
What are some comparable homes to 218 St Johns Drive?
There are currently no comparable homes to 218 St Johns Drive.
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