Putnam
245 ASHLEY LAKE Drive
$40,000
●
Land -
Off Market
245 ASHLEY LAKE Drive
Melrose, FL 32666
Studio
0 Bath
$50,685
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Come build your dream on this private oak-lined 1.29-acre lakefront
lot. With 120FT of lake frontage, you have plenty of room to build
that perfect dock, swim platform, fishing spot, etc. You'll feel
like you're on a private oasis while being just minutes to Historic
Melrose and the convenience of local groceries, parks, shopping,
restaurants, and more! Located on a paved road, Ashley Lakes is a
charming community with common area to enjoy picnicking, swimming,
etc. Make your dream lake-home a reality today!
Unit Size
-
Days on Market
-
Land Size
1.29 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$5
Year Built
-
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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 #1150858)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2022 | Sold | ||
| Sold | |||
| Jan 26, 2022 | Listed by eXp REALTY LLC | $50,000 | |
| Listed by eXp REALTY LLC | |||
| Apr 29, 2020 | Listed by CENTURY 21 LAKESIDE REALTY | $37,900 | |
| Listed by CENTURY 21 LAKESIDE REALTY | |||
| | |||
|
Countryside setting in Ashley Lake Plantation. On the South Side of Ashley Lake come check out this 1.29 beautifully wooded lake front property. Ashley Lake is a non motorized lake but with a commons area to launch small boats for fishing, paddleboarding, canoeing Etc. Ashley Lake is is a clear water white sandy bottom lake. Property is just minutes to Historic Melrose Florida The artisanal and all-inclusive feel of Melrose is rich not only in culture, but also the convenience of local groceries, parks, shopping, restaurants, various medical offices, local art galleries, senior center and more! With access to fully recreational 6000 acre Lake Sante Fe and a easy commute to Gainesville, Jacksonville, Starke, and Palatka
| |||
| Jan 18, 2017 | Listed by WATSON REALTY CORP | $22,000 | |
| Listed by WATSON REALTY CORP | |||
| | |||
|
Beautiful 1.29 acre waterfront property with plenty of beautiful oak and shade trees to sit and enjoy the wonderful view of Ashley Lake. It is the perfect spot to build your new family home or a great place to escape for the weekend. Property has access to Ashley Lake HOA pavilion. Gainesville, Melrose, Keystone Heights, Palatka, and Starke are just a short drive away. Buyer to exercise due diligence with verifying acreage, current and future feasibility, and land use.
| |||
| Aug 18, 2009 | Listed by CB ISAAC REALTY | $69,000 | |
| Listed by CB ISAAC REALTY | |||
| | |||
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Beautiful large lake lot w/gorgeous oak trees. Enjoy swimming, fishing and boating. This is a must see lot.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Putnam
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Listed by: WALTER KEY, eXp REALTY LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1150858
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.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1150858
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