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Putnam 32112
308 RIVIERA Drive
$230,000
● House - Off Market

308 RIVIERA Drive

Crescent City, FL 32112
bedrooms
2 Beds
bathrooms
1 Bath
square feet
864 Ft²
$297,191
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Lakefront privacy with a million dollar view. 2 bedroom 1 bath home built on stilts facing Lake Crescent. Lake Crescent has access to the St. Johns River. Two lots equal .92 of an acre. The serene environment includes plenty of fish and foul, otters and owls. Do not let this rare piece of land slip away.
Unit Size
864 Ft²
Days on Market
271 days
Land Size
-
Price per sqft
$277
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2015

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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: 2 years ago (Real MLS #1061490)

Price History

Date / Event Date Event Price
Apr 6, 2021 Sold
Premium
Sold
Jul 2, 2020 Listed by ST JOHNS REALTY AND MANAGEMENT LLC $239,000
Listed by ST JOHNS REALTY AND MANAGEMENT LLC
Sep 2, 2011 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • 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: 17,860
  • Lot Size Depth Feet: 1,850
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,025
  • Gross Building Area: 1,025
  • Building Area: 1,025
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,025
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRESCENT SHORES HEIGHTS
  • Land Acres: 0000000410
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • Legal Description 1: CRESCENT SHORES HEIGHTS, MB5 P

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 951200

Geography

  • Parcel: 02-12-27-1829-001.0-017.0
  • Lot: 17
  • Meridian: SEC 02 TWN 12S RNG 27E
  • Municipality: COUNTY WIDE
  • Latitude: 29.4911
  • Longitude: -81.5497

    Address

  • Full Address: 308 Riviera Dr
  • Address - House Number: 308
  • Address - Street Name: Riviera
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Crescent City
  • Carrier Code: R002
  • 4-Digit Zip Code: 4106
  • Zip Code: 32112

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $208,510

    Appraisal Valuation

  • Standard Deviation: 0.2521
  • Valuation Date: Jun 09, 2021
  • Confidence Score: 49
  • Final Value: 237,633
  • High Value: 297,563
  • Low Value: 177,702

    Market Valuation

  • Market Total Value: $118,860
  • Market Land Value: $41,900
  • Market Improvement Value: $76,960

    Assessments Valuation

  • Assessed Year: 2020
  • Assessed Total Value: $118,860

    Sales

  • Current Sale Contract Date: Mar 31, 2021
  • Current Sale Recording Date: Apr 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202154007432
  • Previous Sale Recording Date: Sep 02, 2011
  • Previous Sale Contract Date: Aug 30, 2011
  • Previous Sale Amount: $22,500
  • 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:

$280,000

Sale Price/ft²

$188

Below Asking

0.03%

Average Days on Market

74

Average Home Size

1744 ft²

Average Home Age

45.6 years

Currently For Sale

409 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 103 Posey Lane, Pomona Park, FL, 32181

$1,650 /mo

  • 3 Beds
  • 2 Baths
  • 1,550 ft²
103 Posey Lane, Pomona Park, FL, 32181 Listing by JANA MCNALLY

Rentals Near You

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

Listed by: AMY HEATH, ST JOHNS REALTY AND MANAGEMENT LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1061490
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 308 Riviera Drive built and last sold?
The property at 308 Riviera Drive was built in 2015 and last sold on Mar 31, 2021 for $230,000.
How much is this home worth?
The estimated value of the home located at 308 Riviera Drive is $237,738.
What are some comparable homes to 308 Riviera Drive?
There are currently no comparable homes to 308 Riviera Drive.
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