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Putnam 32189
420 COVE Drive
$260,000
● Mobile Manufactured - Off Market

420 COVE Drive

Satsuma, FL 32189
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,296 Ft²
$263,563
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

This 3 bedroom and 2 bath home is located on a deep water canal and only mintues from the St Johns River.  Very well maintained and move-in ready.  Yard is fenced with electric gate, two large storage buildings and a nice dock with covered boat lift. Large screened porch overlooking the canal.  Upgraded kitchen appliances and counter tops.

***This listing is provided for comp purposes only***
Unit Size
1,296 Ft²
Days on Market
-
Land Size
-
Price per sqft
$201
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
2005

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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 #1164335)

Price History

Date / Event Date Event Price
May 9, 2022 Sold
Premium
Sold
Apr 19, 2022 Listed by TAYLOR DOUGLAS REALTY, INC. $260,000
Listed by TAYLOR DOUGLAS REALTY, INC.
Nov 7, 2019 Sold
Premium
Sold
Sep 1, 2019 Listed by TAYLOR DOUGLAS REALTY, INC. $164,900
Listed by TAYLOR DOUGLAS REALTY, INC.
May 6, 2014 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 620
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,296
  • Gross Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERMITS COVE
  • Land Acres: 0000000220
  • Standard Land Use Code: 1006
  • County Land Use Code: 00200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: PT OF GOVT LOT 6 OR174 P185

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 951200

Geography

  • Account Number: 12023
  • Parcel: 33-10-26-3610-0000-1450
  • Lot: 6
  • Meridian: SEC 33 TWN 10S RNG 26E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.5779
  • Longitude: -81.6752

    Address

  • Full Address: 420 Cove Dr
  • Address - House Number: 420
  • Address - Street Name: Cove
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Satsuma
  • Carrier Code: H004
  • 4-Digit Zip Code: 2814
  • Zip Code: 32189

Valuation

    Tax

  • Total Area: 1,606
  • Tax Year: 2023
  • Tax Amount: $272,410

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 188,558
  • High Value: 275,948
  • Low Value: 101,167

    Market Valuation

  • Market Total Value: $191,460
  • Market Land Value: $47,600
  • Market Improvement Value: $143,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $191,460
  • Assessed Land Value: $47,600
  • Assessed Improvements Value: $143,860

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 14, 2022
  • Current Sale Recording Date: May 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11661
  • Previous Sale Recording Date: Nov 07, 2019
  • Previous Sale Contract Date: Oct 30, 2019
  • Previous Sale Amount: $161,000
  • 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 Putnam

Stats & Trends

Median Asking:

$279,950

Sale Price/ft²

$188

Below Asking

0.03%

Average Days on Market

75

Average Home Size

1774 ft²

Average Home Age

45.4 years

Currently For Sale

411 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

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Real MLS

Listed by: TAYLOR DOUGLAS, TAYLOR DOUGLAS REALTY, INC.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1164335
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 420 Cove Drive built and last sold?
The property at 420 Cove Drive was built in 2005 and last sold on Apr 14, 2022 for $260,000.
How much is this home worth?
The estimated value of the home located at 420 Cove Drive is $259,005.
What are some comparable homes to 420 Cove Drive?
There are currently no comparable homes to 420 Cove Drive.
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