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Putnam 32177
349 W RIVER
$345,000
● Land - Off Market

349 W RIVER

Palatka, FL 32177
bedrooms
Studio
bathrooms
0 Bath
$650,919
RealtyHop Estimate
86.03%
Since Apr 1, 2005
National-US
Primary Model
Unit Size
-
Days on Market
-
Land Size
1.88 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

Payment Calculator

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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 #229743)

Price History

Date / Event Date Event Price
Oct 23, 2023 Sold
Premium
Sold
Sep 7, 2021 Sold
Premium
Sold
Nov 6, 2020 Sold
Premium
Sold
May 13, 2019 Sold
Premium
Sold
Mar 14, 2005 Sold
Premium
Sold
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: 86,249
  • Lot Size Depth Feet: 8,620
  • Lot Size Frontage Feet: 1,000
  • 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: R
  • Subdivision: BODINE & POWERS SUB
  • Land Acres: 0000001980
  • Standard Land Use Code: 1000
  • County Land Use Code: 00700
  • State Land Use Code: 07
  • Legal Description 1: BODINE & POWERS S/D MB4 P7 LOT 3 (EX OR497 P101)

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950100

Geography

  • Account Number: 2100
  • Parcel: 17-09-27-0700-0000-0030
  • Lot: 3
  • Meridian: SEC 17 TWN 09S RNG 27E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.7148
  • Longitude: -81.6159

    Address

  • Full Address: 349 W River Rd
  • Address - House Number: 349
  • Street Direction: W
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Palatka
  • Carrier Code: R006
  • 4-Digit Zip Code: 7063
  • Zip Code: 32177

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $362,064
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 192,816
  • High Value: 282,180
  • Low Value: 103,451

    Market Valuation

  • Market Total Value: $221,400
  • Market Land Value: $217,600
  • Market Improvement Value: $3,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $221,400
  • Assessed Land Value: $217,600
  • Assessed Improvements Value: $3,800

    Sales

  • Current Sale Contract Date: Oct 20, 2023
  • Current Sale Recording Date: Oct 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 23751
  • Previous Sale Recording Date: Sep 07, 2021
  • Previous Sale Contract Date: Aug 30, 2021
  • Previous Sale Amount: $220,000
  • 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 Putnam

Stats & Trends

Median Asking:

$279,950

Sale Price/ft²

$188

Below Asking

0.03%

Average Days on Market

75

Average Home Size

1774 ft²

Average Home Age

45.5 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 115 Magnolia Drive, East Palatka, FL, 32131

$2,700 /mo

  • 4 Beds
  • 2 Baths
  • 1,560 ft²
115 Magnolia Drive, East Palatka, FL, 32131 Listing by SUE ELLEN HOOTEN

Rentals Near You

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

Listed by: CHERYL ROYAL, EXIT MAGNOLIA POINT REALTY
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 229743
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 349 West River built and last sold?
The property at 349 West River was built in and last sold on Oct 20, 2023 for $275,000.
How much is this home worth?
The estimated value of the home located at 349 West River is $0.
What are some comparable homes to 349 West River?
There are currently no comparable homes to 349 West River.
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