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Putnam 32177
446 SILVER LAKE Road
$274,900
● House - Off Market

446 SILVER LAKE Road

Palatka, FL 32177
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,662 Ft²
$283,280
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Immaculately maintained one owner home!  This 4 bedroom 2 bath home is situated on a beautiful 3/4 acre lot near Silver Lake.  The split floor plan features the kitchen in the center of the home with separate living and dining rooms plus an over-sized family room.  The comfortable owner's suite has a large walk in closet and en-suite bath with step in shower.  Three guest rooms share a full bath.  The living areas have coffered ceilings, updated laminate flooring and lots of natural light. The original two car garage was converted to a smaller garage/workshop and a large craft room with laundry.  The exterior is an easy maintenance stucco and has a nearly new metal roof, fenced area, and a huge yard for recreation, gardening, etc.
Unit Size
1,662 Ft²
Days on Market
-
Land Size
-
Price per sqft
$165
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1983

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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 (Real MLS #1210167)

Price History

Date / Event Date Event Price
Mar 10, 2023 Sold
Premium
Sold
Jan 28, 2023 Listed by COLDWELL BANKER BEN BATES INC $274,900
Listed by COLDWELL BANKER BEN BATES INC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • 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: 1
  • Garage Square Area: 528
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,522
  • Total Building Area: 1,620
  • Gross Building Area: 2,148
  • Building Area: 1,620
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 1,620
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000540
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: PT OF NW1/4 OF SW1/4 OF NW1/4

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950600

Geography

  • Account Number: 80836
  • Parcel: 21-10-26-0000-0360-0210
  • Meridian: SEC 21 TWN 10S RNG 26E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.6148
  • Longitude: -81.7115

    Address

  • Full Address: 446 Silver Lake Rd
  • Address - House Number: 446
  • Address - Street Name: Silver Lake
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Palatka
  • Carrier Code: R004
  • 4-Digit Zip Code: 8944
  • Zip Code: 32177

Valuation

    Tax

  • Total Area: 1,963
  • Tax Year: 2023
  • Tax Amount: $65,263

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 159,017
  • High Value: 232,716
  • Low Value: 85,317

    Market Valuation

  • Market Total Value: $175,370
  • Market Land Value: $13,500
  • Market Improvement Value: $161,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,210

    Sales

  • Current Sale Contract Date: Mar 07, 2023
  • Current Sale Recording Date: Mar 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5251
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

$189

Below Asking

0.03%

Average Days on Market

76

Average Home Size

1766 ft²

Average Home Age

46.4 years

Currently For Sale

413 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: JENNIFER FORTNER, COLDWELL BANKER BEN BATES INC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1210167
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 446 Silver Lake Road built and last sold?
The property at 446 Silver Lake Road was built in 1983 and last sold on Mar 7, 2023 for $274,900.
How much is this home worth?
The estimated value of the home located at 446 Silver Lake Road is $279,859.
What are some comparable homes to 446 Silver Lake Road?
There are currently no comparable homes to 446 Silver Lake Road.
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