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Clay 32068
3985 MELISSAS LANE
$32,900
● Land - Off Market

3985 MELISSAS LANE

Middleburg, FL 32068
bedrooms
Studio
bathrooms
0 Bath
$75,908
RealtyHop Estimate
130.72%
Since Jul 1, 2003
National-US
Primary Model

About This Property

PROPERTY TO BE IMPROVED WITH WELL, SEPTIC-POWER POLE AND CLEARED UPON ACCEPTANCE OF APPROVED CONTRACT. ADJOINING LOT ALSO AVAILABLE.
Unit Size
-
Days on Market
-
Land Size
1.03 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2003

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: 3 years ago (Real MLS #155178)

Price History

Date / Event Date Event Price
May 27, 2022 Sold
Premium
Sold
Apr 11, 2022 Sold
Premium
Sold
Feb 23, 2022 Listed by REALTY MASTERS, INC. $238,500
Listed by REALTY MASTERS, INC.
Dec 16, 2021 Sold
Premium
Sold
Jun 28, 2005 Sold
Premium
Sold
Show More

Property Highlights

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: 10
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • 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: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,867
  • Total Building Area: 1,984
  • Gross Building Area: 1,984
  • Building Area: 1,984
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,984
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MELISSAS WAY
  • Land Acres: 0000001030
  • Standard Land Use Code: 1006
  • County Land Use Code: 0200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: PT NE1/4 OF NE1/4 S26T4R24 AS REC OR 4612 PG 454

Neighborhood

  • School District Name: Clay County School District
  • Census Tract: 030204

Geography

  • Assessors Map Reference: 1401-B1
  • Parcel: 26-04-24-005604-008-00
  • Lot: 23
  • Meridian: SEC 26 TWN 04S RNG 24E
  • Municipality: UNINCORPORATED
  • Latitude: 30.1253
  • Longitude: -81.8654

    Address

  • Full Address: 3985 Melissas Ln
  • Address - House Number: 3985
  • Address - Street Name: Melissas
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Middleburg
  • Carrier Code: H038
  • 4-Digit Zip Code: 3233
  • Zip Code: 32068

Valuation

    Tax

  • Total Area: 1,984
  • Tax Year: 2022
  • Tax Amount: $200,916
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.201
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 271,752
  • High Value: 326,384
  • Low Value: 217,121

    Market Valuation

  • Market Total Value: $118,211
  • Market Land Value: $25,750
  • Market Improvement Value: $92,461

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $118,211
  • Assessed Land Value: $25,750
  • Assessed Improvements Value: $92,461

    Sales

  • Current Sale Contract Date: Apr 11, 2022
  • Current Sale Recording Date: May 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33488
  • Previous Sale Recording Date: Dec 16, 2021
  • Previous Sale Contract Date: Dec 13, 2021
  • Previous Sale Amount: $140,000
  • 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 Clay

Stats & Trends

Median Asking:

$352,990

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

77

Average Home Size

2021 ft²

Average Home Age

21 years

Currently For Sale

1086 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 488 Tynes Boulevard, Middleburg, FL, 32068

$2,275 /mo

  • 4 Beds
  • 2 Baths
  • 1,875 ft²
488 Tynes Boulevard, Middleburg, FL, 32068 Listing by TERESA BOGGS
Unit for rent at 4162 Sandhill Crane Terrace, Middleburg, FL, 32068

$2,150 /mo

  • 4 Beds
  • 2 Baths
  • 1,885 ft²
4162 Sandhill Crane Terrace, Middleburg, FL, 32068 Listing by SEAN NEVILLE

Rentals Near You

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

Listed by: RAYMOND TATUM, REALTY MASTERS, INC.
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 155178
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 3985 Melissas Lane built and last sold?
The property at 3985 Melissas Lane was built in 2003 and last sold on Apr 11, 2022 for $257,000.
How much is this home worth?
The estimated value of the home located at 3985 Melissas Lane is $0.
What are some comparable homes to 3985 Melissas Lane?
There are currently no comparable homes to 3985 Melissas Lane.
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