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Putnam 32177
4046 SILVER LAKE Drive
$168,500
● House - Off Market

4046 SILVER LAKE Drive

Palatka, FL 32177
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,318 Ft²
$184,053
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Charming 3 bedroom 1 bath concrete block home in the desirable Silver Lake area.  This home sits on a gorgeous fenced lot and has a metal roof. There is an additional room that could be used as a 4th bedroom.  Located close to shopping, schools, and medical facilities.  Call today for more info/showings!
Unit Size
1,318 Ft²
Days on Market
-
Land Size
-
Price per sqft
$136
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956

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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: 2 years ago (Real MLS #1173258)

Price History

Date / Event Date Event Price
May 25, 2023 Sold
Premium
Sold
Sep 22, 2022 Listed by IHEART REALTY INC $185,000
Listed by IHEART REALTY INC
Jul 6, 2022 Sold
Premium
Sold
Jun 4, 2022 Listed by IHEART REALTY INC $179,900
Listed by IHEART REALTY INC
Dec 12, 2014 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 264
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,318
  • Gross Building Area: 1,318
  • Building Area: 1,318
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 1,318
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: PT OF NW 1/4 OF SE 1/4 BK 227 P167 (PARCEL B OR381 P1249)

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950900

Geography

  • Account Number: 79911
  • Parcel: 14-10-26-0000-0220-0000
  • Meridian: SEC 14 TWN 10S RNG 26E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.6255
  • Longitude: -81.6668

    Address

  • Full Address: 4046 Silver Lake Dr
  • Address - House Number: 4046
  • Address - Street Name: Silver Lake
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Palatka
  • Carrier Code: R003
  • 4-Digit Zip Code: 7975
  • Zip Code: 32177

Valuation

    Tax

  • Total Area: 1,494
  • Tax Year: 2023
  • Tax Amount: $58,044
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.1476
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 82
  • Final Value: 157,224
  • High Value: 180,443
  • Low Value: 134,005

    Market Valuation

  • Market Total Value: $150,680
  • Market Land Value: $19,600
  • Market Improvement Value: $131,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,900

    Sales

  • Current Sale Contract Date: May 19, 2023
  • Current Sale Recording Date: May 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11510
  • Previous Sale Recording Date: Jul 06, 2022
  • Previous Sale Contract Date: Jun 27, 2022
  • Previous Sale Amount: $168,500
  • 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 Putnam

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$189

Below Asking

0.04%

Average Days on Market

96

Average Home Size

1763 ft²

Average Home Age

45.5 years

Currently For Sale

296 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 1906 Roselle Avenue, Palatka, FL, 32177

$2,400 /mo

  • 4 Beds
  • 2 Baths
  • 1,000 ft²
1906 Roselle Avenue, Palatka, FL, 32177 Listing by STEVEN KOLENO

Rentals Near You

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

Listed by: REED MATHEWS, IHEART REALTY INC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1173258
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 4046 Silver Lake Drive built and last sold?
The property at 4046 Silver Lake Drive was built in 1956 and last sold on May 19, 2023 for $175,000.
How much is this home worth?
The estimated value of the home located at 4046 Silver Lake Drive is $0.
What are some comparable homes to 4046 Silver Lake Drive?
There are currently no comparable homes to 4046 Silver Lake Drive.
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