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Palatka 32177
405 MISSION Road
$154,000
● House - Off Market

405 MISSION Road

Palatka, FL 32177
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,614 Ft²
$225,441
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Beautifully updated 2BR/2BA home located in town on nearly a 1/2 acre. You will feel like you are in the country. It's a must see. Huge front porch and a covered lanai across the back of the home. Fenced backyard, sprinkler system (manual), termite bond, tankless water heater and much more.  A 576 sqft barn with plenty of storage.
Unit Size
1,614 Ft²
Days on Market
56 days
Land Size
-
Price per sqft
$92
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988

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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: 10 months ago (Real MLS #939526)

Price History

Date / Event Date Event Price
Aug 17, 2018 Sold
Premium
Sold
Jun 1, 2018 Listed by COLDWELL BANKER BEN BATES INC $149,000
Listed by COLDWELL BANKER BEN BATES INC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,473
  • Lot Size Depth Feet: 2,300
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 1,614
  • Gross Building Area: 1,614
  • Building Area: 2,190
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 2,190
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000470
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: PT OF SW1/4 OF SE1/4 BK51 P456 (EX BK227 P366 OR372 P435 OR459 P116 OR459 P119 OR459 P122 OR459 P125)

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950700

Geography

  • Account Number: 78890
  • Parcel: 02-10-26-0000-0800-0000
  • Meridian: SEC 02 TWN 10S RNG 26E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.6512
  • Longitude: -81.6691

    Address

  • Full Address: 405 Mission Rd
  • Address - House Number: 405
  • Address - Street Name: Mission
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Palatka
  • Carrier Code: C003
  • 4-Digit Zip Code: 2621
  • Zip Code: 32177

Valuation

    Tax

  • Total Area: 1,983
  • Tax Year: 2023
  • Tax Amount: $186,522
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 151,208
  • High Value: 221,288
  • Low Value: 81,127

    Market Valuation

  • Market Total Value: $222,910
  • Market Land Value: $4,900
  • Market Improvement Value: $218,010

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $138,940

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 27, 2018
  • Current Sale Recording Date: Aug 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201854015367
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 Palatka

Stats & Trends

Median Asking:

$231,500

Sale Price/ft²

$163

Below Asking

0.04%

Average Days on Market

98

Average Home Size

1581 ft²

Average Home Age

63.7 years

Currently For Sale

54 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 3301 Druid Street, Palatka, FL, 32177

$1,740 /mo

  • 2 Beds
  • 1 Bath
  • 856 ft²
3301 Druid Street, Palatka, FL, 32177 Listing by STEVEN KOLENO
Unit for rent at 3523 Whitehall Street, Palatka, FL, 32177

$1,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,078 ft²
3523 Whitehall Street, Palatka, FL, 32177 Listing by STEVEN KOLENO

Rentals Near You

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

Listed by: MARC SPALDING, COLDWELL BANKER BEN BATES INC
Last Updated: 10 months ago
Data Source: Real MLS, MLS# 939526
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 405 Mission Road built and last sold?
The property at 405 Mission Road was built in 1988 and last sold on Jul 27, 2018 for $154,000.
How much is this home worth?
The estimated value of the home located at 405 Mission Road is $154,935.
What are some comparable homes to 405 Mission Road?
There are currently no comparable homes to 405 Mission Road.
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