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Palatka 32177
2301 Emerald Terrace
$114,900
● House - Off Market

2301 Emerald Terrace

Palatka, FL 32177
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,042 Ft²
$187,463
RealtyHop Estimate
70.58%
Since Apr 1, 2007
National-US
Primary Model
Unit Size
1,042 Ft²
Days on Market
-
Land Size
-
Price per sqft
$105
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950

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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: 3 years ago (Real MLS #358492)

Price History

Date / Event Date Event Price
Nov 20, 2013 Sold
Premium
Sold
Sep 4, 2013 Listed by COLDWELL BANKER BEN BATES INC $36,750
Listed by COLDWELL BANKER BEN BATES INC
Mar 30, 2007 Sold
Premium
Sold
Mar 11, 2007 Listed by COLDWELL BANKER BEN BATES INC $109,900
Listed by COLDWELL BANKER BEN BATES INC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • 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
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 1,450
  • Total Building Area: 1,014
  • Gross Building Area: 1,014
  • Building Area: 1,014
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 1,014
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK HILL
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: OAK HILL MB3 P197 LOTS 5 6

Neighborhood

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

Geography

  • Account Number: 40851
  • Parcel: 12-10-26-6420-0000-0500
  • Lot: 5-6
  • Meridian: SEC 12 TWN 10S RNG 26E
  • Municipality: CITY OF PALATKA
  • Latitude: 29.6479
  • Longitude: -81.6531

    Address

  • Full Address: 2301 Emerald Ter
  • Address - House Number: 2301
  • Address - Street Name: Emerald
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Palatka
  • Carrier Code: C004
  • 4-Digit Zip Code: 4312
  • Zip Code: 32177

Valuation

    Tax

  • Total Area: 1,187
  • Tax Year: 2023
  • Tax Amount: $67,632
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 94,005
  • High Value: 137,573
  • Low Value: 50,436

    Market Valuation

  • Market Total Value: $98,360
  • Market Land Value: $25,630
  • Market Improvement Value: $72,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $98,360
  • Assessed Land Value: $25,630
  • Assessed Improvements Value: $72,730

    Sales

  • Current Sale Contract Date: Nov 15, 2013
  • Current Sale Recording Date: Nov 20, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 201354784805
  • Previous Sale Recording Date: Jul 31, 2013
  • Previous Sale Contract Date: Jul 30, 2013
  • Previous Sale Document Type: 69
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 Palatka

Stats & Trends

Median Asking:

$211,944

Sale Price/ft²

$157

Below Asking

0.04%

Average Days on Market

68

Average Home Size

1635 ft²

Average Home Age

64 years

Currently For Sale

66 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

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

Listed by: PAUL WHITE JR, COLDWELL BANKER BEN BATES INC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 358492
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 2301 Emerald Terrace built and last sold?
The property at 2301 Emerald Terrace was built in 1950 and last sold on Nov 15, 2013 for $33,000.
How much is this home worth?
The estimated value of the home located at 2301 Emerald Terrace is $44,457.
What are some comparable homes to 2301 Emerald Terrace?
There are currently no comparable homes to 2301 Emerald Terrace.
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