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Putnam
240 BEACH Drive
$105,000
● House - Off Market

240 BEACH Drive

Florahome, FL 32140
bedrooms
2 Beds
bathrooms
1 Bath
square feet
864 Ft²
$516
Est. Monthly

About This Property

Cute as a button!  Shows like a model! This could be your vacation home, or a place to retire in peace and quiet. Beautiful views of George's Lake! Home sits on .64 of an acre. Corner lot. Totally remodeled.  Nice kitchen with new appliances, granite and new fixtures, new  laminate wood floors and tiles. New Bath w/ subway tiles and trim, new vanity and flooring.  Inside Laundry, dramatic lake  views from the family room, and double door entry to spacious  wrap around deck. Furniture negotiable. New Roof, New Air, New Hot Water heater, Newer appliances, Shead,Bottom floor has power, with RV hookup, or can be enclosed and converted into a two story if you wish.  Public boat ramp and park right down the street.
Unit Size
864 Ft²
Days on Market
-
Land Size
-
Price per sqft
$122
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986

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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 #869116)

Price History

Date / Event Date Event Price
Nov 6, 2023 Sold
Premium
Sold
Oct 4, 2023 In contract -
In contract
Sep 26, 2023 Price Decreased $225,000
↓ $4K (1.8%)
Price Decreased
Sep 7, 2023 Price Decreased $229,000
↓ $10K (4.2%)
Price Decreased
Jul 2, 2023 Listed by WATSON REALTY CORP $239,000
Listed by WATSON REALTY CORP
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Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1997
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 15
  • 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: 27,878
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 2,310
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 864
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKESIDE HILLS
  • Land Acres: 0000000640
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: LAKESIDE HILLS SEC 8 MB4 P155 BLK 801 LOT 11

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950202

Geography

  • Account Number: 37301
  • Parcel: 18-08-25-5108-8010-0110
  • Block: 801
  • Lot: 11
  • Meridian: SEC 18 TWN 08S RNG 25E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.7928
  • Longitude: -81.8373

    Address

  • Full Address: 240 Beach Dr
  • Address - House Number: 240
  • Address - Street Name: Beach
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Florahome
  • Carrier Code: R001
  • 4-Digit Zip Code: 1704
  • Zip Code: 32140

Valuation

    Tax

  • Total Area: 1,208
  • Tax Year: 2023
  • Tax Amount: $96,644
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.1476
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 82
  • Final Value: 210,194
  • High Value: 241,235
  • Low Value: 179,152

    Market Valuation

  • Market Total Value: $145,610
  • Market Land Value: $11,090
  • Market Improvement Value: $134,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,980

    Sales

  • Current Sale Contract Date: Nov 03, 2023
  • Current Sale Recording Date: Nov 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 24855
  • Previous Sale Recording Date: Nov 01, 2016
  • Previous Sale Contract Date: Oct 31, 2016
  • Previous Sale Amount: $74,500
  • 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:

$275,000

Sale Price/ft²

$190

Below Asking

0.04%

Average Days on Market

96

Average Home Size

1834 ft²

Average Home Age

44.7 years

Currently For Sale

290 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: ANGELA CLAUSEN, WATSON REALTY CORP
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 869116
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 240 Beach Drive built and last sold?
The property at 240 Beach Drive was built in 1986 and last sold on Nov 3, 2023 for $194,900.
How much is this home worth?
The estimated value of the home located at 240 Beach Drive is $0.
What are some comparable homes to 240 Beach Drive?
There are currently no comparable homes to 240 Beach Drive.
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