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St. Johns
4500 Canal
$425,480
● Land - Off Market

4500 Canal

Elkton, FL 32033
bedrooms
Studio
bathrooms
0 Bath
$1,221,045
RealtyHop Estimate
110.45%
Since Feb 1, 2009
National-US
Primary Model

About This Property

Great 39+/- Acres of Farmland. Currently Row Crops leased to local farmer. Continue farming or build your Estate home/Ranch! Motivated Seller, Bring Offer!!
Unit Size
-
Days on Market
-
Land Size
38.68 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1940

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 (Real MLS #460699)

Price History

Date / Event Date Event Price
Jan 5, 2009 Sold
Premium
Sold
Nov 18, 2008 Listed by ST JOHNS REALTY SPECIALISTS $580,200
Listed by ST JOHNS REALTY SPECIALISTS

Property Highlights

Building Info

Overview

    General

  • Year Built: 1940
  • 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
  • Living Units: 1
  • 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: 1,684,900
  • 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: A
  • Land Acres: 0000038680
  • Standard Land Use Code: 7000
  • County Land Use Code: 5300
  • State Land Use Code: 53
  • Legal Description 1: 4 SE1/4 OF SW1/4 OR2692/863 (BOUNDARY AGREEMENT) OR 3981/1638

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 021102

Zoning

  • Zoning: OR

Geography

  • Assessors Map Reference: 77D
  • Parcel: 031220-0000
  • Lot: 4
  • Meridian: SEC 14 TWN 08S RNG 28E
  • Municipality: ELKTON DRAINAGE (ASSMT CODE 6)
  • Latitude: 29.8005
  • Longitude: -81.4532

    Address

  • Full Address: 4500 Canal Rd
  • Address - House Number: 4500
  • Address - Street Name: Canal
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Elkton
  • Carrier Code: R004
  • 4-Digit Zip Code: 2843
  • Zip Code: 32033

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $65,302
  • Tax Rate Code Area: 100

    Market Valuation

  • Market Total Value: $367,460
  • Market Land Value: $367,460

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,302

    Sales

  • Current Sale Contract Date: Jan 05, 2009
  • Current Sale Recording Date: Jan 05, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2009000324
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 St. Johns

Stats & Trends

Median Asking:

$519,990

Sale Price/ft²

$245

Below Asking

0.02%

Average Days on Market

83

Average Home Size

2213 ft²

Average Home Age

17 years

Currently For Sale

1958 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: ELIZABETH ANDERSON, ST JOHNS REALTY SPECIALISTS
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 460699
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 4500 Canal Road built and last sold?
The property at 4500 Canal Road was built in 1940 and last sold on Jan 5, 2009 for $425,500.
How much is this home worth?
The estimated value of the home located at 4500 Canal Road is $586,002.
What are some comparable homes to 4500 Canal Road?
There are currently no comparable homes to 4500 Canal Road.
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