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Highlands 33852
331 Hallmark AVENUE
$265,000
● House - Off Market

331 Hallmark AVENUE

LAKE PLACID, FL 33852
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,426 Ft²
$278,599
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

LAKE PLACID - 2/2 CBS Well maintained home.  Newly painted, irrigation system, hurricane shutters, generator - large enough to run whole house, propane, ceiling fans in every room, 30 amp plug in for RV with septic, Reme System on A/C.   Good area, two miles to town.

Furniture is negotiable.
Unit Size
1,426 Ft²
Days on Market
77 days
Land Size
0.26 acres
Price per sqft
$185
Property Type
House
Property Taxes
$117
HOA Dues
-
Year Built
2004

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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 #OK221844)

Price History

Date / Event Date Event Price
Nov 28, 2022 Sold
Premium
Sold
Sep 7, 2022 Listed by ANDERSON REALTY $264,000
Listed by ANDERSON REALTY
Jun 13, 2018 Sold
Premium
Sold
Oct 6, 2004 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 345
  • Parking Space Count: 2
  • Patio Type: 94
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,250
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,627
  • Gross Building Area: 1,867
  • Building Area: 1,282
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,282
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLANDS PARK EST
  • Land Acres: 0000000258
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: HIGHLANDS PARK EST SEC P PB 5 PG 59 LOT 10 BLK 17

Neighborhood

  • School District Name: Highlands County School District
  • Census Tract: 961500

Zoning

  • Zoning: R1

Geography

  • Parcel: C-20-36-30-140-0170-0100
  • Block: 17
  • Lot: 10
  • Meridian: SEC 20 TWN 36S RNG 30E
  • Municipality: COUNTY SOUTHWEST WATER
  • Latitude: 27.3178
  • Longitude: -81.3336

    Address

  • Full Address: 331 Hallmark Ave
  • Address - House Number: 331
  • Address - Street Name: Hallmark
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Lake Placid
  • Carrier Code: R005
  • 4-Digit Zip Code: 7695
  • Zip Code: 33852

Valuation

    Tax

  • Total Area: 1,630
  • Tax Year: 2022
  • Tax Amount: $139,986
  • Tax Rate Code Area: 40

    Appraisal Valuation

  • Standard Deviation: 0.2449
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 281,108
  • High Value: 349,964
  • Low Value: 212,252

    Market Valuation

  • Market Total Value: $182,180
  • Market Land Value: $5,500
  • Market Improvement Value: $176,680

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $117,632

    Sales

  • Current Sale Contract Date: Nov 22, 2022
  • Current Sale Recording Date: Nov 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2125658
  • Previous Sale Recording Date: Jun 13, 2018
  • Previous Sale Contract Date: Jun 11, 2018
  • Previous Sale Amount: $130,000
  • 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 Highlands

Stats & Trends

Median Asking:

$284,990

Sale Price/ft²

$184

Below Asking

0.04%

Average Days on Market

98

Average Home Size

1746 ft²

Average Home Age

25.9 years

Currently For Sale

390 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: Vicki Anderson
ANDERSON REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK221844
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 331 Hallmark Avenue built and last sold?
The property at 331 Hallmark Avenue was built in 2004 and last sold on Nov 22, 2022 for $265,000.
How much is this home worth?
The estimated value of the home located at 331 Hallmark Avenue is $0.
What are some comparable homes to 331 Hallmark Avenue?
There are currently no comparable homes to 331 Hallmark Avenue.
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