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Highlands 33852
338 Hackensack ROAD
$20,000
● Land - Off Market

338 Hackensack ROAD

LAKE PLACID, FL 33852
bedrooms
Studio
bathrooms
0 Bath
$115
Est. Monthly
$2
HOA / Fees
74.00%
Cap Rate

About This Property

Beautiful corner lot in Placid Lakes just waiting for you! Growing area and not far from the lake or town.  Make Lake Placid your home away from home and pick up this desirable location at a great price. Owner financing available.
Unit Size
-
Days on Market
304 days
Land Size
0.27 acres
Price per sqft
-
Property Type
Land
Property Taxes
$15
HOA Dues
$2
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 #L4940266)

Price History

Date / Event Date Event Price
Aug 19, 2024 Sold
Premium
Sold
Jun 28, 2024 In contract -
In contract
May 30, 2024 Price Decreased $20,000
↓ $2K (9.1%)
Price Decreased
Apr 26, 2024 Price Decreased $22,000
↓ $2K (8.3%)
Price Decreased
Oct 20, 2023 Listed by ADVANTAGE REALTY 1 $24,000
Listed by ADVANTAGE REALTY 1
Show More

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: 11,624
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 950
  • 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: PLACID LAKES SEC 05
  • Land Acres: 0000000267
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • Legal Description 1: PLACID LAKES SEC 5 PB 7-PG 65 LOT 10 BLK 46

Neighborhood

  • School District Name: Highlands County School District
  • Census Tract: 961605

Zoning

  • Zoning: R1A

Geography

  • Parcel: C-14-37-29-050-0460-0100
  • Block: 46
  • Lot: 10
  • Meridian: SEC 14 TWN 37S RNG 29E
  • Municipality: COUNTY SOUTHWEST WATER
  • Latitude: 27.2626
  • Longitude: -81.3873

    Address

  • Full Address: 338 Hackensack Rd
  • Address - House Number: 338
  • Address - Street Name: Hackensack
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Lake Placid
  • Carrier Code: R009
  • 4-Digit Zip Code: 5907
  • Zip Code: 33852

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,874
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 40

    Market Valuation

  • Market Total Value: $7,719
  • Market Land Value: $7,719

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $7,719
  • Assessed Land Value: $7,719

    Sales

  • Current Sale Contract Date: Jun 28, 2023
  • Current Sale Recording Date: Jun 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 52
  • Current Sale Input Document Number: 2157940
  • Previous Sale Recording Date: May 30, 2006
  • Previous Sale Contract Date: May 11, 2006
  • Previous Sale Amount: $34,900
  • 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:

$289,945

Sale Price/ft²

$180

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1731 ft²

Average Home Age

26.6 years

Currently For Sale

502 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

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Susan Geitner
ADVANTAGE REALTY 1
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# L4940266
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 338 Hackensack Road built and last sold?
The property at 338 Hackensack Road was built in and last sold on Jun 28, 2023 for $5,700.
How much is this home worth?
The estimated value of the home located at 338 Hackensack Road is $0.
What are some comparable homes to 338 Hackensack Road?
There are currently no comparable homes to 338 Hackensack Road.
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