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Welaka 32193
232 OAK RIDGE Drive
$261,600
● House - Off Market

232 OAK RIDGE Drive

Welaka, FL 32193
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$269,690
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

3BR/2BA, sold AS-IS, fully furnished. Split floor plan, 2-car garage, brand new water heater, & updated luxury vinyl plank flooring in kitchen & bathrooms.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$190
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2007

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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: 2 years ago (Real MLS #1179317)

Price History

Date / Event Date Event Price
Jul 1, 2022 Sold
Premium
Sold
May 17, 2022 Listed by NON MLS (realMLS) $266,600
Listed by NON MLS (realMLS)
May 6, 2022 Listed by NON MLS (realMLS) $266,600
Listed by NON MLS (realMLS)
Jul 17, 2007 Sold
Premium
Sold
Aug 4, 2005 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • 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: 1
  • Garage Square Area: 441
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,400
  • Gross Building Area: 1,841
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELAKA VILLAGE
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: WELAKA VILLAGE UNIT 1 MB6 P83 LOT 35

Neighborhood

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

Geography

  • Account Number: 94728
  • Parcel: 03-12-26-9240-0000-0350
  • Lot: 35
  • Meridian: SEC 03 TWN 12S RNG 26E
  • Municipality: TOWN OF WELAKA
  • Latitude: 29.4762
  • Longitude: -81.6598

    Address

  • Full Address: 232 Oak Ridge Dr
  • Address - House Number: 232
  • 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

  • Total Area: 1,709
  • Tax Year: 2023
  • Tax Amount: $497,402
  • Tax Rate Code Area: 050

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 200,386
  • High Value: 293,258
  • Low Value: 107,513

    Market Valuation

  • Market Total Value: $215,890
  • Market Land Value: $15,000
  • Market Improvement Value: $200,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,890
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $200,890

    Sales

  • Current Sale Contract Date: Jun 30, 2022
  • Current Sale Recording Date: Jul 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 16456
  • Previous Sale Recording Date: Jul 17, 2007
  • Previous Sale Contract Date: Jun 20, 2007
  • Previous Sale Amount: $60,000
  • 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 Welaka

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$240

Below Asking

0.04%

Average Days on Market

68

Average Home Size

1879 ft²

Average Home Age

41.6 years

Currently For Sale

11 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

Rentals Near You

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

Listed by: NON MLS (realMLS), NON MLS (realMLS)
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1179317
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 232 Oak Ridge Drive built and last sold?
The property at 232 Oak Ridge Drive was built in 2007 and last sold on Jun 30, 2022 for $261,600.
How much is this home worth?
The estimated value of the home located at 232 Oak Ridge Drive is $0.
What are some comparable homes to 232 Oak Ridge Drive?
There are currently no comparable homes to 232 Oak Ridge Drive.
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