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Clay 32068
3975 LIGHTNING Lane
$320,000
● House - Off Market

3975 LIGHTNING Lane

Middleburg, FL 32068
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,207 Ft²
$1,572
Est. Monthly

About This Property

PRICE REDUCED! CUSTOM BUILT HOME ON 3 ACRES ZONED FOR HORSES.  THIS HOME SHOWS LIKE A MODLE.FEATURES A FORMAL LR & DR, BREAKFAST AREA, FULLY EQUIPPED KITCHEN, LARGE FAMILY ROOM & LARGE SCREENED PORCH. SHED AND SOME DOG PENS WILL STAY. ON NICE LOT, PARTICALLY FENCED.
Unit Size
2,207 Ft²
Days on Market
-
Land Size
-
Price per sqft
$145
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2003

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #445617)

Price History

Date / Event Date Event Price
Jan 19, 2016 Sold
Premium
Sold
Jun 1, 2015 Listed by PITTMAN REALTY, INC $147,100
Listed by PITTMAN REALTY, INC
Aug 7, 2008 Listed by PITTMAN REALTY, INC $320,000
Listed by PITTMAN REALTY, INC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 139,392
  • Total Building Area: 2,808
  • Gross Building Area: 2,808
  • Building Area: 2,222
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,222
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: PT S1/2 OF N1/2 S1T6R24 & 1/15INT IN LIGHTNING LANE AS REC OR 3822 PG 1483

Neighborhood

  • School District Name: Clay County School District
  • Census Tract: 031201

Geography

  • Assessors Map Reference: MAP 291.00
  • Parcel: 01-06-24-006799-006-00
  • Meridian: SEC 01 TWN 06S RNG 24E
  • Municipality: UNINCORPORATED
  • Latitude: 30.0078
  • Longitude: -81.8476

    Address

  • Full Address: 3975 Lightning Ln
  • Address - House Number: 3975
  • Address - Street Name: Lightning
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Middleburg
  • Carrier Code: H040
  • 4-Digit Zip Code: 7345
  • Zip Code: 32068

Valuation

    Tax

  • Total Area: 2,808
  • Tax Year: 2022
  • Tax Amount: $285,437
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1913
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 395,681
  • High Value: 471,414
  • Low Value: 319,948

    Market Valuation

  • Market Total Value: $305,693
  • Market Land Value: $57,600
  • Market Improvement Value: $248,093

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $213,207

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 02, 2015
  • Current Sale Recording Date: Jan 19, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2016002776
  • Previous Sale Recording Date: Apr 08, 2015
  • Previous Sale Contract Date: Apr 07, 2015
  • Previous Sale Document Type: 69
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 Clay

Stats & Trends

Median Asking:

$354,945

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

77

Average Home Size

2017 ft²

Average Home Age

21.1 years

Currently For Sale

1053 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

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Real MLS

Listed by: CLAUDIA CARR, PITTMAN REALTY, INC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 445617
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 3975 Lightning Lane built and last sold?
The property at 3975 Lightning Lane was built in 2003 and last sold on Dec 2, 2015 for $136,000.
How much is this home worth?
The estimated value of the home located at 3975 Lightning Lane is $161,858.
What are some comparable homes to 3975 Lightning Lane?
There are currently no comparable homes to 3975 Lightning Lane.
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