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Alachua 32669
3924 NW 151st WAY
$1,025,000
● House - Off Market

3924 NW 151st WAY

NEWBERRY, FL 32669
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
5,018 Ft²
$1,287,048
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Absolutely stunning home situated on 10 beautiful acres in the gated community of Steeplechase Farms! Bring your horses and enjoy the private horse paddocks and community horse trails or just relax in your wooded peaceful oasis. Spread over over 5000sf, this stately home offers large formal living and dining rooms, study w/built-ins, 4 Bedrooms, 5.5 Bathrooms PLUS an oversized Bonus room! Plenty of room for entertaining both inside and out! The large kitchen boasts tall upper cabinets, granite counters and stainless steel appliances. The main living spaces look out through large glass windows to the pool/spa and pristine backyard boasting grand-daddy oak trees. As you come in from the 3-car garage, drop your belongings in the built-in mudroom, large laundry room or the pocket office area!
Unit Size
5,018 Ft²
Days on Market
-
Land Size
10.00 acres
Price per sqft
$219
Property Type
House
Property Taxes
$1,047
HOA Dues
$750
Year Built
1997

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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 #GC442821)

Price History

Date / Event Date Event Price
Mar 2, 2023 Sold
Premium
Sold
Nov 11, 2022 Listed by BHGRE THOMAS GROUP $1,489,000
Listed by BHGRE THOMAS GROUP
Jun 3, 2021 Sold
Premium
Sold
Apr 20, 2021 No longer available -
No longer available
Mar 25, 2021 Listed by BHGRE THOMAS GROUP $1,100,000
Listed by BHGRE THOMAS GROUP
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 1
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 27
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 822
  • Parking Space Count: 3
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 435,600
  • Total Building Area: 5,840
  • Gross Building Area: 5,840
  • Building Area: 5,018
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 5,018
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STEEPLECHASE FARMS
  • Land Acres: 0000010000
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 001
  • Legal Description 1: STEEPLECHASE FARMS PB S-88 LOT 13 OR 5074/157

Neighborhood

  • School District Name: Alachua County School District
  • Census Tract: 002201

Zoning

  • Zoning: A

Geography

  • Parcel: 04170-010-013
  • Lot: 13
  • Meridian: SEC 22 TWN 09S RNG 18E
  • Municipality: SUWANNEE
  • Latitude: 29.6897
  • Longitude: -82.5056

    Address

  • Full Address: 3924 Nw 151st Way
  • Address - House Number: 3924
  • Street Direction: NW
  • Address - Street Name: 151st
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Newberry
  • Carrier Code: R159
  • 4-Digit Zip Code: 2007
  • Zip Code: 32669

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,417,691
  • Tax Rate Code Area: 0300

    Appraisal Valuation

  • Standard Deviation: 0.1721
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 77
  • Final Value: 1,330,173
  • High Value: 1,559,108
  • Low Value: 1,101,239

    Market Valuation

  • Market Total Value: $1,334,057
  • Market Land Value: $600,000
  • Market Improvement Value: $1,934,057

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,334,057
  • Assessed Land Value: $600,000
  • Assessed Improvements Value: $734,057

    Sales

  • Current Sale Contract Date: Feb 27, 2023
  • Current Sale Recording Date: Mar 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3476108
  • Previous Sale Recording Date: Jun 03, 2021
  • Previous Sale Contract Date: Jun 02, 2021
  • Previous Sale Amount: $1,025,000
  • 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 Alachua

Stats & Trends

Median Asking:

$330,000

Sale Price/ft²

$198

Below Asking

0.03%

Average Days on Market

85

Average Home Size

1854 ft²

Average Home Age

31.6 years

Currently For Sale

1170 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 1454 Nw 136th Boulevard, NEWBERRY, FL, 32669

$3,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,756 ft²
1454 Nw 136th Boulevard, NEWBERRY, FL, 32669 Listing by Lisa Mathews
Unit for rent at 1443 Nw 140th Way, NEWBERRY, FL, 32669

$3,200 /mo

  • 5 Beds
  • 3 Baths
  • 2,556 ft²
1443 Nw 140th Way, NEWBERRY, FL, 32669 Listing by Niky Vara

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Tiffany Thomas
BHGRE THOMAS GROUP
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# GC442821
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 3924 Northwest 151st Way built and last sold?
The property at 3924 Northwest 151st Way was built in 1997 and last sold on Feb 27, 2023 for $1,464,000.
How much is this home worth?
The estimated value of the home located at 3924 Northwest 151st Way is $1,485,848.
What are some comparable homes to 3924 Northwest 151st Way?
There are currently no comparable homes to 3924 Northwest 151st Way.
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