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Lake 34705
23740 Kays WAY
$465,000
● House - Off Market

23740 Kays WAY

ASTATULA, FL 34705
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,568 Ft²
$523,336
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

This is an amazing opportunity to own your own piece of heaven.  This private, solid wood western red cedar, log home is located on 5 acres and the owner has done an inspired job of maintaining a beautiful yard that is surrounded by the privacy of mature trees and landscaping.  The home has a 2 car garage as well as a detached metal carport.  There are also storage sheds, covered metal workshop areas and a screened swimming pool.  There is plenty of land left over in the backyard to add anything your heart desires.  The interior boasts volume ceilings, a stainless steel refrigerator and gas range.  The home has fresh paint, and the roof, hot water heater and well pump were replaced in 2019. This is a blank canvas, in an ideal setting, and the perfect spot to make your natural Florida dreams come true.
Unit Size
1,568 Ft²
Days on Market
105 days
Land Size
5.00 acres
Price per sqft
$297
Property Type
House
Property Taxes
$179
HOA Dues
-
Year Built
1991

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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: 3 years ago (Stellar MLS #O5959094)

Price History

Date / Event Date Event Price
Nov 4, 2021 Sold
Premium
Sold
Jul 16, 2021 Listed by METROPOLIS R.E. SOLUTIONS, LLC $465,000
Listed by METROPOLIS R.E. SOLUTIONS, LLC
Aug 1, 2017 Sold
Premium
Sold
Jun 11, 2007 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 616
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 181,178
  • Total Building Area: 2,184
  • Gross Building Area: 2,184
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004159
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: S 1/2 OF SE 1/4 OF NE 1/4 OF NW 1/4--LESS MINERAL RIGHTS-- ORB 5830 PG 648

Neighborhood

  • School District Name: Lake County School District
  • Census Tract: 031001

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: 89
  • Account Number: 1508088
  • Subdivision Tract Number: 0002
  • Parcel: 04-21-26-0002-000-01000
  • Lot: 10
  • Meridian: SEC 4 QTR 2 TWN 21S RNG 26E
  • Municipality: UNINCORPORATED
  • Latitude: 28.6927
  • Longitude: -81.7155

    Address

  • Full Address: 23740 Kays Way
  • Address - House Number: 23740
  • Address - Street Name: Kays
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Astatula
  • Carrier Code: R001
  • 4-Digit Zip Code: 9707
  • Zip Code: 34705

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $328,683
  • Tax Rate Code Area: 3

    Appraisal Valuation

  • Standard Deviation: 0.1616
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 489,955
  • High Value: 569,156
  • Low Value: 410,754

    Market Valuation

  • Market Total Value: $336,034
  • Market Land Value: $200,000
  • Market Improvement Value: $136,034

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Nov 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021153514
  • Previous Sale Recording Date: Aug 01, 2017
  • Previous Sale Contract Date: Aug 01, 2017
  • Previous Sale Amount: $100
  • Previous Sale Document Type: 27
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 Lake

Stats & Trends

Median Asking:

$382,990

Sale Price/ft²

$206

Above Asking

0.01%

Average Days on Market

76

Average Home Size

2197 ft²

Average Home Age

20.4 years

Currently For Sale

3883 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 12965 Del Lago Drive, ASTATULA, FL, 34705

$2,295 /mo

  • 3 Beds
  • 2 Baths
  • 1,401 ft²
12965 Del Lago Drive, ASTATULA, FL, 34705 Listing by Renata Stare

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Adam Judd
METROPOLIS R.E. SOLUTIONS, LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O5959094
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. Information is deemed reliable but not guaranteed. 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 23740 Kays Way built and last sold?
The property at 23740 Kays Way was built in 1991 and last sold on Oct 29, 2021 for $465,000.
How much is this home worth?
The estimated value of the home located at 23740 Kays Way is $0.
What are some comparable homes to 23740 Kays Way?
There are currently no comparable homes to 23740 Kays Way.
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