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Putnam 32189
448 Cove Drive
$55,000
● Mobile Manufactured - Off Market

448 Cove Drive

Satsuma, FL 32189
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,041 Ft²
$130,737
RealtyHop Estimate
118.26%
Since Jul 1, 2011
National-US
Primary Model

About This Property

Large canal front lot with a 2BR/1.5BA MH featuring three enclosed porches, two open porches, workshop/utility room, concrete bulkhead & paved road frontage. Short distance to the river. Mostly furnished.
Unit Size
1,041 Ft²
Days on Market
-
Land Size
-
Price per sqft
$58
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1969

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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: 3 years ago (Real MLS #548841)

Price History

Date / Event Date Event Price
Jun 16, 2022 Sold
Premium
Sold
Mar 4, 2022 Listed by COLDWELL BANKER BEN BATES INC $143,000
Listed by COLDWELL BANKER BEN BATES INC
Jun 6, 2011 Sold
Premium
Sold
Aug 13, 2010 Listed by COLDWELL BANKER BEN BATES INC $59,900
Listed by COLDWELL BANKER BEN BATES INC
Sep 18, 2002 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1995
  • 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: 286
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 672
  • Gross Building Area: 672
  • Building Area: 672
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 672
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERMITS COVE
  • Land Acres: 0000000180
  • Standard Land Use Code: 1006
  • County Land Use Code: 00200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: PT OF HERNANDEZ GRT OR186 P637 (LOTS 179 180 HERMITS COVE UNRECORDED)(SEE HERMITS COVE SUPPLEMENTAL MAP)

Neighborhood

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

Geography

  • Account Number: 12042
  • Parcel: 39-10-26-3610-0000-1790
  • Lot: 179
  • Meridian: SEC 39 TWN 10S RNG 26E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.5768
  • Longitude: -81.6768

    Address

  • Full Address: 448 Cove Dr
  • Address - House Number: 448
  • 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: 1,546
  • Tax Year: 2023
  • Tax Amount: $193,728
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 94,821
  • High Value: 138,767
  • Low Value: 50,874

    Market Valuation

  • Market Total Value: $102,870
  • Market Land Value: $42,500
  • Market Improvement Value: $60,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $102,870
  • Assessed Land Value: $42,500
  • Assessed Improvements Value: $60,370

    Sales

  • Current Sale Contract Date: Jun 02, 2022
  • Current Sale Recording Date: Jun 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15120
  • Previous Sale Recording Date: Jun 16, 2022
  • Previous Sale Contract Date: Apr 01, 2022
  • Previous Sale Amount: $1,000
  • Previous Sale Document Type: 55
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

Rentals Near You

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Real MLS

Listed by: GARY BURCH, COLDWELL BANKER BEN BATES INC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 548841
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 448 Cove Drive built and last sold?
The property at 448 Cove Drive was built in 1969 and last sold on Jun 2, 2022 for $145,000.
How much is this home worth?
The estimated value of the home located at 448 Cove Drive is $0.
What are some comparable homes to 448 Cove Drive?
There are currently no comparable homes to 448 Cove Drive.
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