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Putnam 32148
324 7TH Way
$270,000
● House - Off Market

324 7TH Way

Interlachen, FL 32148
bedrooms
2 Beds
bathrooms
3 Baths
square feet
1,926 Ft²
$1,588
Est. Monthly
5.54%
Cap Rate

About This Property

Discover elegance and comfort in this meticulously maintained brick pool home. With spacious living areas, two gas log fireplaces, and a dining room leading to the pool, entertaining is effortless. Enjoy the convenience of an attached garage with laundry, a detached 1,406 sq ft pole barn, and a carport. Situated on an oversized lot with easy access to State Rd 20, this home offers both privacy and convenience. The sellers provided a copy of their 4-Point Inspection dated 7/5/2023 along with supporting receipts showing a new roof installed in July 2023.  Schedule your showing today and experience the charm of Interlachen living!
Unit Size
1,926 Ft²
Days on Market
-
Land Size
0.66 acres
Price per sqft
$155
Property Type
House
Property Taxes
$120
HOA Dues
-
Year Built
1975

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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 (Real MLS #2015430)

Price History

Date / Event Date Event Price
Apr 26, 2024 Sold
Premium
Sold
Mar 21, 2024 Listed by NICOSIA REALTY INC. $299,000
Listed by NICOSIA REALTY INC.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1987
  • 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: 1
  • Garage Square Area: 264
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 59
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 28,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 2,310
  • Total Building Area: 1,926
  • Gross Building Area: 2,190
  • Building Area: 3,332
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 3,332
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK RIDGE PARK
  • Land Acres: 0000000660
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: OAK RIDGE PARK MB4 P38 BLK A LOTS 13 14 15 16 17

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950300

Geography

  • Account Number: 41201
  • Parcel: 18-10-24-6520-0010-0130
  • Block: A
  • Lot: 13
  • Meridian: SEC 18 TWN 10S RNG 24E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.6305
  • Longitude: -81.9348

    Address

  • Full Address: 324 7th Way
  • Address - House Number: 324
  • Address - Street Name: 7th
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Interlachen
  • Carrier Code: R004
  • 4-Digit Zip Code: 6908
  • Zip Code: 32148

Valuation

    Tax

  • Total Area: 2,252
  • Tax Year: 2023
  • Tax Amount: $36,242
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4985
  • Valuation Date: Mar 20, 2024
  • Final Value: 320,364
  • High Value: 480,088
  • Low Value: 160,639

    Market Valuation

  • Market Total Value: $267,850
  • Market Land Value: $11,320
  • Market Improvement Value: $256,530

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $117,580

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes
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:

$275,400

Sale Price/ft²

$189

Below Asking

0.03%

Average Days on Market

75

Average Home Size

1773 ft²

Average Home Age

46.1 years

Currently For Sale

429 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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Real MLS

Listed by: SUE NICOSIA, NICOSIA REALTY INC.
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 2015430
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 324 7th Way built and last sold?
The property at 324 7th Way was built in 1975 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 324 7th Way is $0.
What are some comparable homes to 324 7th Way?
There are currently no comparable homes to 324 7th Way.
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