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Suwannee 32008
28402 29th LOOP
$695,000
● House - Off Market

28402 29th LOOP

BRANFORD, FL 32008
bedrooms
1 Bed
bathrooms
1 Bath
square feet
952 Ft²
$3,736
Est. Monthly
$11
HOA / Fees
1.38%
Cap Rate

About This Property

This unique turn-key property sits directly on the Suwannee County side of the  pristine Ichetucknee spring run where property rarely becomes available.  The home and boardwalk dock were extensively renovated with completion in 2023. Modern kitchen includes granite countertops and stainless steel appliances.  The mature,wooded landscape makes for a park-like setting.
Unit Size
952 Ft²
Days on Market
38 days
Land Size
1.95 acres
Price per sqft
$751
Property Type
House
Property Taxes
$214
HOA Dues
$11
Year Built
1978

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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 (Stellar MLS #U8243423)

Price History

Date / Event Date Event Price
Jun 26, 2024 Sold
Premium
Sold
May 19, 2024 Listed by JACK KELLER INC $715,000
Listed by JACK KELLER INC
Jul 21, 2020 Sold
Premium
Sold

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 10
  • Roof Cover Type: 6
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 49
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 92,446
  • Lot Size Depth Feet: 5,243
  • Lot Size Frontage Feet: 1,620
  • Total Building Area: 515
  • Gross Building Area: 515
  • Building Area: 515
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 19
  • Heated Square Feet: 515
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ICHETUCKNEE RIVER EST
  • Land Acres: 0000002122
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LEG 1.95 ACRES LOT 21 ICHETUCKNEE RIVER EST 1ST ADD RIVER LOT ORB 2199 P 440-41 WD YR 2021

Neighborhood

  • School District Name: Suwannee County School District
  • Census Tract: 970602

Geography

  • Assessors Map Reference: 00192A
  • Parcel: 27-06S-15E-01391-010210
  • Lot: 21
  • Meridian: SEC 27 TWN 06S RNG 15E
  • Municipality: COUNTY
  • Latitude: 29.9345
  • Longitude: -82.7996

    Address

  • Full Address: 28402 29th Loop
  • Legal Unit: 21
  • Address - House Number: 28402
  • Address - Street Name: 29th
  • Address - Suffix Type: Loop
  • State: FL
  • City Name: Branford
  • Carrier Code: R003
  • 4-Digit Zip Code: 2112
  • Zip Code: 32008

Valuation

    Tax

  • Total Area: 516
  • Tax Year: 2022
  • Tax Amount: $226,847
  • Tax Rate Code Area: CO

    Appraisal Valuation

  • Standard Deviation: 0.4334
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 13
  • Final Value: 149,298
  • High Value: 214,009
  • Low Value: 84,586

    Market Valuation

  • Market Total Value: $128,896
  • Market Land Value: $81,000
  • Market Improvement Value: $47,896

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $128,896
  • Assessed Land Value: $81,000
  • Assessed Improvements Value: $47,896

    Sales

  • Current Sale Contract Date: Jul 17, 2020
  • Current Sale Recording Date: Jul 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020228046
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 Suwannee

Stats & Trends

Median Asking:

$274,950

Sale Price/ft²

$186

Below Asking

0.03%

Average Days on Market

68

Average Home Size

2067 ft²

Average Home Age

34.9 years

Currently For Sale

37 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

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STELLAR

Listed by: Jack Keller
JACK KELLER INC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# U8243423
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 28402 29th Loop built and last sold?
The property at 28402 29th Loop was built in 1978 and last sold on Jul 17, 2020 for $230,000.
How much is this home worth?
The estimated value of the home located at 28402 29th Loop is $0.
What are some comparable homes to 28402 29th Loop?
There are currently no comparable homes to 28402 29th Loop.
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