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Putnam 32177
407 W RIVER Road
$170,000
● Land - Off Market

407 W RIVER Road

Palatka, FL 32177
bedrooms
Studio
bathrooms
0 Bath
$295,587
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Private and ready to build your own custom home on 2.22 acres of incredible river front. Sadly no mobile homes are allowed per county zoning but imagine spending your days in nature with stunning views, fishing , boating and swimming. We have more acreage for sale on the river too adjoining.
Unit Size
-
Days on Market
-
Land Size
2.22 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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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: 2 years ago (Real MLS #894270)

Price History

Date / Event Date Event Price
Jul 3, 2018 Sold
Premium
Sold
Jul 31, 2017 Listed by FLORIDA HOMES REALTY & MTG LLC $195,000
Listed by FLORIDA HOMES REALTY & MTG LLC
Apr 28, 2012 Listed by CENTURY 21 LIGHTHOUSE REALTY $189,900
Listed by CENTURY 21 LIGHTHOUSE REALTY
High and Dry with Bluff. 140 Feet on the St. Johns River. Large Hardwood Trees.

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 96,703
  • Lot Size Depth Feet: 6,700
  • Lot Size Frontage Feet: 1,400
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000002220
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: PT OF LOT 11 BK 74 P 166 (EX OR589 P1351)

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950100

Geography

  • Account Number: 73724
  • Parcel: 16-09-27-0000-0450-0000
  • Lot: 11
  • Meridian: SEC 16 TWN 09S RNG 27E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.7151
  • Longitude: -81.6066

    Address

  • Full Address: 407 W River Rd
  • Address - House Number: 407
  • Street Direction: W
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Palatka
  • Carrier Code: R006
  • 4-Digit Zip Code: 8010
  • Zip Code: 32177

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $424,926
  • Tax Rate Code Area: 000

    Market Valuation

  • Market Total Value: $259,840
  • Market Land Value: $259,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $259,840
  • Assessed Land Value: $259,840

    Sales

  • Current Sale Contract Date: Jun 28, 2018
  • Current Sale Recording Date: Jul 03, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201854012140
  • Previous Sale Recording Date: Apr 06, 2005
  • Previous Sale Contract Date: Apr 04, 2005
  • 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

97

Average Home Size

1753 ft²

Average Home Age

45.2 years

Currently For Sale

300 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: JOE HARTSFIELD, FLORIDA HOMES REALTY & MTG LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 894270
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 407 West River Road built and last sold?
The property at 407 West River Road was built in and last sold on Jun 28, 2018 for $170,000.
How much is this home worth?
The estimated value of the home located at 407 West River Road is $0.
What are some comparable homes to 407 West River Road?
There are currently no comparable homes to 407 West River Road.
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