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Palatka 32177
260 REDBUD Lane
$6,000
● Land - Off Market

260 REDBUD Lane

Palatka, FL 32177
bedrooms
Studio
bathrooms
0 Bath
$14,526
RealtyHop Estimate
110.52%
Since Jul 1, 2010
National-US
Primary Model

About This Property

Nice, cleared, corner lot located in an established neighborhood convenient to shopping. Zoning allows for homes only. Area has city utilities. Perfect spot for your new home!
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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Monthly Property Taxes
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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 (Real MLS #526192)

Price History

Date / Event Date Event Price
May 28, 2010 Sold
Premium
Sold
Mar 12, 2010 Listed by RIVERSIDE REALTY OF PUTNAM COUNTY $6,900
Listed by RIVERSIDE REALTY OF PUTNAM COUNTY
Nov 7, 2006 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 930
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: ROLLING HILLS SUB
  • Land Acres: 0000000270
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: ROLLING HILLS S/D UNIT 5 MB6 P18 BLK J LOT 24

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950900

Geography

  • Account Number: 53696
  • Parcel: 13-10-26-8014-0100-0240
  • Block: 10
  • Lot: 24
  • Meridian: SEC 13 TWN 10S RNG 26E
  • Municipality: CITY OF PALATKA
  • Latitude: 29.6206
  • Longitude: -81.6573

    Address

  • Full Address: 260 Redbud Ln
  • Address - House Number: 260
  • Address - Street Name: Redbud
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Palatka
  • Carrier Code: C009
  • 4-Digit Zip Code: 6433
  • Zip Code: 32177

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $34,233
  • Tax Rate Code Area: 010

    Market Valuation

  • Market Total Value: $10,940
  • Market Land Value: $10,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,940
  • Assessed Land Value: $10,940

    Sales

  • Current Sale Contract Date: May 21, 2010
  • Current Sale Recording Date: May 28, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 201054705948
  • Previous Sale Recording Date: Nov 07, 2006
  • Previous Sale Contract Date: Oct 27, 2006
  • Previous Sale Amount: $220,000
  • 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 Palatka

Stats & Trends

Median Asking:

$226,500

Sale Price/ft²

$163

Below Asking

0.04%

Average Days on Market

98

Average Home Size

1599 ft²

Average Home Age

63.3 years

Currently For Sale

54 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 3301 Druid Street, Palatka, FL, 32177

$1,450 /mo

  • 2 Beds
  • 1 Bath
  • 856 ft²
3301 Druid Street, Palatka, FL, 32177 Listing by STEVEN KOLENO
Unit for rent at 1906 Roselle Avenue, Palatka, FL, 32177

$2,400 /mo

  • 4 Beds
  • 2 Baths
  • 1,000 ft²
1906 Roselle Avenue, Palatka, FL, 32177 Listing by STEVEN KOLENO

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: AMBRA WAYNE, RIVERSIDE REALTY OF PUTNAM COUNTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 526192
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 260 Redbud Lane built and last sold?
The property at 260 Redbud Lane was built in and last sold on May 21, 2010 for $6,000.
How much is this home worth?
The estimated value of the home located at 260 Redbud Lane is $6,969.
What are some comparable homes to 260 Redbud Lane?
There are currently no comparable homes to 260 Redbud Lane.
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