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Alachua
24024 NE State Road 26
$260,000
● House - Off Market

24024 NE State Road 26

MELROSE, FL 32666
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,074 Ft²
$277,291
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Beautiful, Modern Two-Story Farm House. True Florida Country Living! Around the corner from the Lake Santa Fe boat ramp and only 25 min from Gainesville. Situated right next to the serene Alachua Wild Spaces and Public Places. Modern, Open floor plan, with bright, upgraded kitchen that invites you to gather with friends and family. Owner's BR on main. 3 BR's on second floor. Cute porch to hang out on and enjoy one of those warm Southern nights while listening to the sound of cicadas. Huge, lush yard with little Green House on property. Roof 3 years. Look no further. Welcome home!
Unit Size
2,074 Ft²
Days on Market
41 days
Land Size
0.68 acres
Price per sqft
$128
Property Type
House
Property Taxes
$100
HOA Dues
-
Year Built
1940

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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 #GC508212)

Price History

Date / Event Date Event Price
Oct 20, 2022 Sold
Premium
Sold
Sep 8, 2022 Listed by BHGRE THOMAS GROUP $265,000
Listed by BHGRE THOMAS GROUP
Aug 31, 2015 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,621
  • Total Building Area: 2,362
  • Gross Building Area: 2,362
  • Building Area: 2,362
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,362
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAPSTONE QUARTERS
  • Land Acres: 0000000680
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 001
  • Legal Description 1: COM AT A PT ON N SIDE OLD SR 26 215 FT W OF SEC LINE POB N 3 DEG E 190 FT S 80 DEG W 155 FT S 3 DEG W 190 FT N 80 DEG E 155 FT POB LESS ADDL R/W SR 26) OR 5046/762

Neighborhood

  • School District Name: Alachua County School District
  • Census Tract: 001907

Zoning

  • Zoning: A

Geography

  • Parcel: 18787-002-000
  • Meridian: SEC 14 TWN 09S RNG 22E
  • Municipality: SUWANNEE
  • Latitude: 29.7086
  • Longitude: -82.0681

    Address

  • Full Address: 24024 Ne State Road 26
  • Address - House Number: 24024
  • Street Direction: NE
  • Address - Street Name: State Road 26
  • State: FL
  • City Name: Melrose
  • Carrier Code: R002
  • 4-Digit Zip Code: 6305
  • Zip Code: 32666

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $419,915
  • Tax Rate Code Area: 0300

    Appraisal Valuation

  • Standard Deviation: 0.1993
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 73
  • Final Value: 254,745
  • High Value: 305,524
  • Low Value: 203,966

    Market Valuation

  • Market Total Value: $224,871
  • Market Land Value: $11,500
  • Market Improvement Value: $236,371

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $224,871
  • Assessed Land Value: $11,500
  • Assessed Improvements Value: $213,371

    Sales

  • Current Sale Contract Date: Oct 12, 2022
  • Current Sale Recording Date: Oct 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3452364
  • Previous Sale Recording Date: Aug 31, 2015
  • Previous Sale Contract Date: Aug 27, 2015
  • Previous Sale Amount: $58,000
  • Previous Sale Document Type: 68
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 Alachua

Stats & Trends

Median Asking:

$329,900

Sale Price/ft²

$198

Below Asking

0.03%

Average Days on Market

85

Average Home Size

1855 ft²

Average Home Age

31.7 years

Currently For Sale

1154 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 436 Se 4th Avenue, MELROSE, FL, 32666

$2,595 /mo

  • 3 Beds
  • 2 Baths
  • 2,945 ft²
436 Se 4th Avenue, MELROSE, FL, 32666 Listing by Jessica Williams

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Shawnie Marjama
BHGRE THOMAS GROUP
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# GC508212
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 24024 Northeast State Rd 26 built and last sold?
The property at 24024 Northeast State Rd 26 was built in 1940 and last sold on Oct 12, 2022 for $260,000.
How much is this home worth?
The estimated value of the home located at 24024 Northeast State Rd 26 is $0.
What are some comparable homes to 24024 Northeast State Rd 26?
There are currently no comparable homes to 24024 Northeast State Rd 26.
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