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Putnam 32177
270 W RIVER Road
$80,000
● House - Off Market

270 W RIVER Road

Palatka, FL 32177
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,180 Ft²
$156,957
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

This home is being sold in its AS-IS condition with seller making no repairs. Seller started remodeling without permits and was stopped by the County. Permits must be pulled to complete remodeling. This home is priced accordingly. Please call the Listing Agent for information about the permit process with the County.
Unit Size
1,180 Ft²
Days on Market
-
Land Size
-
Price per sqft
$127
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #1158598)

Price History

Date / Event Date Event Price
Apr 11, 2023 Sold
Premium
Sold
Jan 18, 2023 Listed by WATSON REALTY CORP $150,000
Listed by WATSON REALTY CORP
Oct 6, 2022 Sold
Premium
Sold
Mar 15, 2022 Listed by WATSON REALTY CORP $150,000
Listed by WATSON REALTY CORP
Jun 29, 2017 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • 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: 92
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,431
  • Total Building Area: 1,180
  • Gross Building Area: 1,180
  • Building Area: 1,180
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 18
  • Heated Square Feet: 1,180
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001020
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: PT OF E 1/2 OF LOT 8 BK 236 P 452 (EX OR546 P989)

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950100

Geography

  • Account Number: 73776
  • Parcel: 18-09-27-0000-0060-0000
  • Lot: 8
  • Meridian: SEC 18 TWN 09S RNG 27E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.7161
  • Longitude: -81.6278

    Address

  • Full Address: 270 W River Rd
  • Address - House Number: 270
  • Street Direction: W
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Palatka
  • Carrier Code: R006
  • 4-Digit Zip Code: 8609
  • Zip Code: 32177

Valuation

    Tax

  • Total Area: 1,222
  • Tax Year: 2023
  • Tax Amount: $148,641
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 73,027
  • High Value: 106,872
  • Low Value: 39,181

    Market Valuation

  • Market Total Value: $75,300
  • Market Land Value: $12,240
  • Market Improvement Value: $63,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,300
  • Assessed Land Value: $12,240
  • Assessed Improvements Value: $63,060

    Sales

  • Current Sale Contract Date: Apr 06, 2023
  • Current Sale Recording Date: Apr 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7544
  • Previous Sale Recording Date: Oct 06, 2022
  • Previous Sale Contract Date: Oct 06, 2022
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: BAL
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

$189

Below Asking

0.04%

Average Days on Market

97

Average Home Size

1769 ft²

Average Home Age

45.4 years

Currently For Sale

297 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: PAT LEROY, WATSON REALTY CORP
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1158598
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 270 West River Road built and last sold?
The property at 270 West River Road was built in 1960 and last sold on Apr 6, 2023 for $120,000.
How much is this home worth?
The estimated value of the home located at 270 West River Road is $151,703.
What are some comparable homes to 270 West River Road?
There are currently no comparable homes to 270 West River Road.
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