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Putnam 32189
245 TROPIC Avenue
$63,000
● Mobile Manufactured - Off Market

245 TROPIC Avenue

Satsuma, FL 32189
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,350 Ft²
$95,745
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

BACK ON THE MARKET!!!  Don't miss this cozy 3 bedroom, 2 bath home nestled on a quiet road just minutes from the St Johns River!  This spacious 1350 sq ft home with a large 0.35 acre lot that is fully fenced in is perfect for both kids & pets.  Covered decks on the front & back with storage shed.  Don't miss this opportunity to live in a quiet community just minutes from town!
Unit Size
1,350 Ft²
Days on Market
147 days
Land Size
-
Price per sqft
$52
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1988

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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: 11 months ago (Real MLS #1043941)

Price History

Date / Event Date Event Price
Oct 21, 2022 Sold
Premium
Sold
Sep 15, 2022 Listed by IHEART REALTY INC $125,000
Listed by IHEART REALTY INC
Feb 8, 2021 Sold
Premium
Sold
Dec 23, 2020 Listed by IHEART REALTY INC $58,900
Listed by IHEART REALTY INC
Aug 12, 2020 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Depth Feet: 830
  • Lot Size Frontage Feet: 1,350
  • Total Building Area: 1,350
  • Gross Building Area: 1,350
  • Building Area: 1,350
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,350
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ST JOHNS RIVERSIDE ESTATES
  • Land Acres: 0000000350
  • Standard Land Use Code: 1006
  • County Land Use Code: 00200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: ST JOHNS RIVERSIDE ESTATES, RI

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 951100

Geography

  • Account Number: 60706
  • Parcel: 43-10-27-8255-0200-0240
  • Lot: 24
  • Meridian: SEC 43 TWN 10S RNG 27E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.5864
  • Longitude: -81.6064

    Address

  • Full Address: 245 Tropic Ave
  • Address - House Number: 245
  • Address - Street Name: Tropic
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Satsuma
  • Carrier Code: H005
  • 4-Digit Zip Code: 2527
  • Zip Code: 32189

Valuation

    Tax

  • Total Area: 1,350
  • Tax Year: 2023
  • Tax Amount: $161,633

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 65,820
  • High Value: 96,325
  • Low Value: 35,314

    Market Valuation

  • Market Total Value: $105,200
  • Market Land Value: $8,440
  • Market Improvement Value: $96,760

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,200
  • Assessed Land Value: $8,440
  • Assessed Improvements Value: $96,760

    Sales

  • Current Sale Contract Date: Oct 20, 2022
  • Current Sale Recording Date: Oct 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 25530
  • Previous Sale Recording Date: Feb 08, 2021
  • Previous Sale Contract Date: Feb 06, 2021
  • Previous Sale Amount: $56,500
  • 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

1812 ft²

Average Home Age

45.1 years

Currently For Sale

292 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: CHRISTOPHER CHASE BARNES, IHEART REALTY INC
Last Updated: 11 months ago
Data Source: Real MLS, MLS# 1043941
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 245 Tropic Avenue built and last sold?
The property at 245 Tropic Avenue was built in 1988 and last sold on Oct 20, 2022 for $120,000.
How much is this home worth?
The estimated value of the home located at 245 Tropic Avenue is $129,736.
What are some comparable homes to 245 Tropic Avenue?
There are currently no comparable homes to 245 Tropic Avenue.
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