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Palm Coast 32137 Palm Harbor
3 Farson PLACE
$57,500
● Land - Off Market

3 Farson PLACE

PALM COAST, FL 32137
bedrooms
Studio
bathrooms
0 Bath
$420
Est. Monthly
22.53%
Cap Rate

About This Property

Cul-de sac lot located in Palm Harbor and surrounded by nice homes. Located at a short distance drive to shopping, medical, restaurants, banks and Matanzas High School. Only 15 minutes to the Atlantic Beaches. Quick access to I-95 for an easy commute North to South.
Unit Size
-
Days on Market
481 days
Land Size
0.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$125
HOA Dues
-
Year Built
-

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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: 3 years ago (Stellar MLS #FC290702)

Price History

Date / Event Date Event Price
Aug 7, 2024 Sold
Premium
Sold
Sep 6, 2023 Price Decreased $59,900
↓ $5K (7.7%)
Price Decreased
Sep 6, 2023 In contract -
In contract
Apr 14, 2023 Listed by COLDWELL BANKER PREMIER PROPERTIES $64,900
Listed by COLDWELL BANKER PREMIER PROPERTIES

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: 10,019
  • 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: PALM COAST
  • Land Acres: 0000000230
  • Standard Land Use Code: 8000
  • County Land Use Code: 00000
  • State Land Use Code: 0000
  • Legal Description 1: PALM COAST SECTION 09 BLOCK 00009 LOT 0020 SUBDIVISION COMPLETION YEAR 1978 OR 140 PG 627 OR 148 PG 131

Neighborhood

  • School District Name: Flagler County School District
  • Census Tract: 060104

Geography

  • Section: 09
  • Parcel: 07-11-31-7009-00090-0200
  • Block: 9
  • Lot: 20
  • Meridian: SEC 07 TWN 11S RNG 31E
  • Municipality: CITY OF PALM COAST
  • Latitude: 29.5814
  • Longitude: -81.2276

    Address

  • Full Address: 3 Farson Pl
  • Address - House Number: 3
  • Address - Street Name: Farson
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Palm Coast
  • Carrier Code: R063
  • 4-Digit Zip Code: 9127
  • Zip Code: 32137

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $150,548
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 061

    Market Valuation

  • Market Total Value: $52,000
  • Market Land Value: $52,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,000
  • Assessed Land Value: $52,000
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 Palm Harbor

Stats & Trends

Median Asking:

$449,000

Sale Price/ft²

$234

Below Asking

0.02%

Average Days on Market

66

Average Home Size

1975 ft²

Average Home Age

25.9 years

Currently For Sale

190 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 26 Bunker View Drive, PALM COAST, FL, 32137

$1,400 /mo

  • 2 Beds
  • 1 Bath
  • 852 ft²
26 Bunker View Drive #A, PALM COAST, FL, 32137 Listing by Tracy Mack
Unit for rent at 310 Palm Coast Parkway Ne, PALM COAST, FL, 32137

$1,350 /mo

  • 2 Beds
  • 2 Baths
  • 1,006 ft²
310 Palm Coast Parkway Ne #101, PALM COAST, FL, 32137 Listing by Diane Nieminen

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: ANA MEDEIROS
COLDWELL BANKER PREMIER PROPERTIES
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# FC290702
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 3 Farson Place built and last sold?
The property at 3 Farson Place was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3 Farson Place is $0.
What are some comparable homes to 3 Farson Place?
There are currently no comparable homes to 3 Farson Place.
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