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Welaka 32193
355 RIVER HILL Drive
$249,990
● House - Off Market

355 RIVER HILL Drive

Welaka, FL 32193
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,665 Ft²
$1,239
Est. Monthly
$11
HOA / Fees
11.35%
Cap Rate

About This Property

Come check out this BEAUTIFUL NEW Single-Story Home in the River Hill Community! The desirable Quincy Plan boasts an open design encompassing the Living, Dining, and Kitchen spaces. The Kitchen features gorgeous cabinets, granite countertops, and Stainless-Steel Appliances (Including Range with a Microwave hood and Dishwasher). In addition, the primary suite has a private bath with dual vanity sinks and a walk-in closet. This Home also includes 3 more bedrooms and a secondary bathroom.
Unit Size
1,665 Ft²
Days on Market
-
Land Size
-
Price per sqft
$150
Property Type
House
Property Taxes
-
HOA Dues
$11
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 (Real MLS #1247780)

Price History

Date / Event Date Event Price
Mar 14, 2024 Sold
Premium
Sold
Nov 20, 2023 No longer available -
No longer available
Nov 13, 2023 Price Decreased $249,990
↓ $4K (1.6%)
Price Decreased
Nov 8, 2023 Relisted $256,990
Relisted
Nov 8, 2023 Price Decreased $253,990
↓ $3K (1.2%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning

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: 17,860
  • 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: WELAKA VILLAGE
  • Land Acres: 0000000410
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: WELAKA VILLAGE UNIT 2 REPLAT MB7 P4 LOT 21

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 951300

Geography

  • Account Number: 99316
  • Parcel: 03-12-26-9242-0000-0210
  • Lot: 21
  • Meridian: SEC 03 TWN 12S RNG 26E
  • Municipality: TOWN OF WELAKA
  • Latitude: 29.4761
  • Longitude: -81.6536

    Address

  • Full Address: 355 River Hill Dr
  • Address - House Number: 355
  • Address - Street Name: River Hill
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Welaka
  • Carrier Code: H010
  • 4-Digit Zip Code: 2222
  • Zip Code: 32193

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,425
  • Tax Rate Code Area: 050

    Market Valuation

  • Market Total Value: $15,000
  • Market Land Value: $15,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,000
  • Assessed Land Value: $15,000

    Sales

  • Current Sale Contract Date: Feb 28, 2024
  • Current Sale Recording Date: Mar 14, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6486
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 Welaka

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$240

Below Asking

0.04%

Average Days on Market

68

Average Home Size

1879 ft²

Average Home Age

41.6 years

Currently For Sale

11 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 99 Broad River Place, Welaka, FL, 32193

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,328 ft²
99 Broad River Place #1301, Welaka, FL, 32193 Listing by MARY BURNETT

Rentals Near You

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

Listed by: JAMIE CHUNG WHITFIELD, WJH BROKERAGE FL LLC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1247780
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 355 River Hill built and last sold?
The property at 355 River Hill was built in and last sold on Feb 28, 2024 for $250,000.
How much is this home worth?
The estimated value of the home located at 355 River Hill is $257,441.
What are some comparable homes to 355 River Hill?
There are currently no comparable homes to 355 River Hill.
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