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Putnam 32189
228 BUTLER Drive
Photo of 228 BUTLER Drive
Sold on Dec 4, 2024

1

Map

$255,000
● House - Off Market

228 BUTLER Drive

Satsuma, FL 32189
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,568 Ft²
$1,740
Est. Monthly
5.38%
Cap Rate

About This Property

Bring your boat! Located on a canal off of Dunn's Creek that connects to the St. Johns River. Walk out your back door drop the boat and have limitless exploring and fishing opportunities. Home features 2BR/1BA with attached in law suite with full bath. A/C was replaced Jan. 2021, new natural gas water heater Dec. 2020, updated SS appliances, beautiful tile floors and tons of storage. Detached 1 car garage with A/C'ed work shop with a screened area. There is a boat ramp right across the street complete with bait and gas if needed. Short commute to St. Augustine for shopping and the beach.
Unit Size
1,568 Ft²
Days on Market
103 days
Land Size
0.19 acres
Price per sqft
$223
Property Type
House
Property Taxes
$21
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 23 days ago (Real MLS #2043943)

Price History

Date / Event Date Event Price
Dec 4, 2024 Sold
Premium
Sold
Aug 8, 2024 Listed by IHEART REALTY INC $349,900
Listed by IHEART REALTY INC
Jan 6, 2022 Sold
Premium
Sold
Aug 4, 2021 Listed by IHEART REALTY INC $334,899
Listed by IHEART REALTY INC
Jul 11, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 290
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 53
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,568
  • Gross Building Area: 1,568
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DUNNS CREEK
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: DUNNS CREEK ADDITION TO SAN MATEO ESTATES MB4 P35 LOT 7 (MAP SHEET 6/37)

Neighborhood

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

Geography

  • Account Number: 7222
  • Parcel: 37-11-27-2170-0000-0070
  • Lot: 7
  • Meridian: SEC 37 TWN 11S RNG 27E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.5767
  • Longitude: -81.6189

    Address

  • Full Address: 228 Butler Dr
  • Address - House Number: 228
  • Address - Street Name: Butler
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Satsuma
  • Carrier Code: H002
  • 4-Digit Zip Code: 2103
  • Zip Code: 32189

Valuation

    Tax

  • Total Area: 1,827
  • Tax Year: 2023
  • Tax Amount: $25,500
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 218,639
  • High Value: 319,971
  • Low Value: 117,306

    Market Valuation

  • Market Total Value: $259,000
  • Market Land Value: $47,530
  • Market Improvement Value: $211,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $259,000
  • Assessed Land Value: $47,530
  • Assessed Improvements Value: $211,470

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 05, 2022
  • Current Sale Recording Date: Jan 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 410
  • Previous Sale Recording Date: Jul 11, 2016
  • Previous Sale Contract Date: Jul 07, 2016
  • Previous Sale Amount: $190,000
  • 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:

$280,000

Sale Price/ft²

$188

Below Asking

0.03%

Average Days on Market

74

Average Home Size

1774 ft²

Average Home Age

45.5 years

Currently For Sale

409 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: CHRIS FIELDS, IHEART REALTY INC
Last Updated: 23 days ago
Data Source: Real MLS, MLS# 2043943
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 228 Butler Drive built and last sold?
The property at 228 Butler Drive was built in 1971 and last sold on Jan 5, 2022 for $334,900.
How much is this home worth?
The estimated value of the home located at 228 Butler Drive is $0.
What are some comparable homes to 228 Butler Drive?
There are currently no comparable homes to 228 Butler Drive.
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