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Putnam
423 Carteret ROAD
$16,000
● Land - Off Market

423 Carteret ROAD

GEORGETOWN, FL 32139
bedrooms
Studio
bathrooms
0 Bath
$20,897
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Beautiful vacant land in Georgetown, minutes from Lake George and the St. Johns River. Great spot to build your weekend fishing getaway cabin! Zoned R2, you could build a duplex and rent one side out to offset the cost of building! Or just keep it for yourself and build a beautiful country home, surrounded by natural Florida beauty! Grab this fast!
Unit Size
-
Days on Market
85 days
Land Size
0.46 acres
Price per sqft
-
Property Type
Land
Property Taxes
$10
HOA Dues
-
Year Built
-

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 (Stellar MLS #OM648565)

Price History

Date / Event Date Event Price
Dec 19, 2023 Listed by IHEART REALTY INC $16,000
Listed by IHEART REALTY INC
Feb 3, 2023 Sold
Premium
Sold
Nov 10, 2022 Listed by INVICTUS REAL ESTATE LLC $20,000
Listed by INVICTUS REAL ESTATE LLC
Aug 2, 2005 Sold
Premium
Sold
Jun 30, 2004 Sold
Premium
Sold

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: 20,038
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,600
  • 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
  • Subdivision: PARADISE LAKES SUB
  • Land Acres: 0000000460
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: PARADISE LAKES S/D UNIT 2 MB5 P39 BLK 49 LOTS 9 10

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 951402

Geography

  • Account Number: 45814
  • Parcel: 08-13-27-7061-0490-0090
  • Block: 49
  • Lot: 9
  • Meridian: SEC 08 TWN 13S RNG 27E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.3874
  • Longitude: -81.5928

    Address

  • Full Address: 423 Carteret
  • Address - House Number: 423
  • Address - Street Name: Carteret
  • State: FL
  • City Name: Georgetown
  • Zip Code: 32139

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,963
  • Tax Rate Code Area: 000

    Market Valuation

  • Market Total Value: $11,760
  • Market Land Value: $11,760

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,760
  • Assessed Land Value: $11,760

    Sales

  • Current Sale Contract Date: Feb 03, 2023
  • Current Sale Recording Date: Feb 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2358
  • Previous Sale Recording Date: Aug 02, 2005
  • Previous Sale Contract Date: Jul 22, 2005
  • Previous Sale Amount: $11,000
  • 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:

$275,000

Sale Price/ft²

$190

Below Asking

0.04%

Average Days on Market

95

Average Home Size

1811 ft²

Average Home Age

45.1 years

Currently For Sale

287 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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STELLAR

Listed by: Jamie Blankenship
INVICTUS REAL ESTATE LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM648565
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. Information is deemed reliable but not guaranteed. 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 423 Carteret Road built and last sold?
The property at 423 Carteret Road was built in and last sold on Feb 3, 2023 for $16,000.
How much is this home worth?
The estimated value of the home located at 423 Carteret Road is $16,160.
What are some comparable homes to 423 Carteret Road?
There are currently no comparable homes to 423 Carteret Road.
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