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Putnam 32177
376 W RIVER Road
$235,000
● House - Off Market

376 W RIVER Road

Palatka, FL 32177
bedrooms
2 Beds
bathrooms
2 Baths
square feet
896 Ft²
$261,216
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Charming home has country living lifestyle on approx. 1.32 acres. Home has new lighting, appliances approx. 2 years old, Lots of counter and cabinet space, new paint inside and out, metal roof, fenced yard room enough for gardening, wrap around porch, inside laundry, sunroom,  Well bladder tank and pump approx. 6 months old, motion detector lighting and other lighting, salt aerator, Has sprinkler system which owner never ran so not guaranteed, Workshop comes with refrigerator and  seller will not make repairs.  According to Putnam zoning see document for animals, Near boat launch on Cedar Creek (no T-top) Putnam County is a waterfront community with restaurants on the water and various shopping. Bostwick, is also known for the Blueberry Festival.
Unit Size
896 Ft²
Days on Market
-
Land Size
-
Price per sqft
$279
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1964

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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 #1198355)

Price History

Date / Event Date Event Price
Feb 13, 2023 Sold
Premium
Sold
Oct 28, 2022 Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY $250,000
Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • 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
  • Living Units: 1
  • 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: 26,572
  • Lot Size Depth Feet: 2,660
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 740
  • Building Area: 740

    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
  • Land Acres: 0000000610
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 07
  • Legal Description 1: PT OF LOTS 1 & 8 BK243 P1 (EX OR176 P244 OR280 P566 OR447 P668)

Neighborhood

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

Geography

  • Account Number: 73735
  • Parcel: 17-09-27-0000-0030-0000
  • Lot: 8
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.7166
  • Longitude: -81.6116

    Address

  • Full Address: 376 W River Rd
  • Address - House Number: 376
  • Street Direction: W
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Palatka
  • Carrier Code: R006
  • 4-Digit Zip Code: 7001
  • Zip Code: 32177

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $135,058
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 129,235
  • High Value: 189,131
  • Low Value: 69,338

    Market Valuation

  • Market Total Value: $132,170
  • Market Land Value: $27,060
  • Market Improvement Value: $105,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $107,470

    Sales

  • Current Sale Contract Date: Jan 13, 2023
  • Current Sale Recording Date: Feb 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3099
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:

$275,000

Sale Price/ft²

$190

Below Asking

0.04%

Average Days on Market

96

Average Home Size

1773 ft²

Average Home Age

44.9 years

Currently For Sale

300 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: PAM H GAUSE, BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1198355
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 376 West River Road built and last sold?
The property at 376 West River Road was built in 1964 and last sold on Jan 13, 2023 for $235,000.
How much is this home worth?
The estimated value of the home located at 376 West River Road is $0.
What are some comparable homes to 376 West River Road?
There are currently no comparable homes to 376 West River Road.
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