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Nassau 32011
450963 OLD DIXIE Highway
$110,000
● Mobile Manufactured - Off Market

450963 OLD DIXIE Highway

Callahan, FL 32011
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,680 Ft²
$151,989
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

34.6 Acres just outside of Callahan. Property has wetlands, and is in Flood Zone A (Nassau GIS). There are approximately 6 acres of buildable land on the County Road end. The double wide mobile home has little or no value, and is occupied by a family member (no lease). Possible use as a small hunting club, or build your home and bring your ATV's.
Unit Size
1,680 Ft²
Days on Market
-
Land Size
-
Price per sqft
$77
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1985

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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 #1079469)

Price History

Date / Event Date Event Price
Jun 7, 2021 Sold
Premium
Sold
Oct 22, 2020 Listed by FERNANDINA BEACH REALTY $129,900
Listed by FERNANDINA BEACH REALTY

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 13
  • Construction Type: 17
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • 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: 1,510,225
  • Total Building Area: 1,680
  • Gross Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000034670
  • Standard Land Use Code: 1006
  • County Land Use Code: 0200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: PT S1/2 PARCELS 2-23 & 2-29 IN OR 2468/964 R224288 & R224289

Neighborhood

  • School District Name: Nassau County School District
  • Census Tract: 050509

Zoning

  • Zoning: OR

Geography

  • Assessors Map Reference: MAP 2D/13X
  • District: 06
  • Parcel: 13-2N-24-0000-0002-0290
  • Block: 290
  • Lot: 2
  • Meridian: SEC 13 TWN 02N RNG 24E
  • Municipality: DRAIN DIST
  • Latitude: 30.5866
  • Longitude: -81.8588

    Address

  • Full Address: 450963 Old Dixie Hwy
  • Address - House Number: 450963
  • Address - Street Name: Old Dixie
  • Address - Suffix Type: Hwy
  • State: FL
  • City Name: Callahan
  • Zip Code: 32011

Valuation

    Tax

  • Total Area: 1,680
  • Tax Year: 2023
  • Tax Amount: $207,504
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.1982
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 154,934
  • High Value: 185,644
  • Low Value: 124,225

    Market Valuation

  • Market Total Value: $174,074
  • Market Land Value: $159,902
  • Market Improvement Value: $14,172

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $174,074
  • Assessed Land Value: $159,902
  • Assessed Improvements Value: $14,172

    Sales

  • Current Sale Contract Date: Jun 07, 2021
  • Current Sale Recording Date: Jun 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202145021133
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 Nassau

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$236

Below Asking

0.02%

Average Days on Market

95

Average Home Size

2186 ft²

Average Home Age

16.7 years

Currently For Sale

486 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: GEORGE ROZBORA, FERNANDINA BEACH REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1079469
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 450963 Old Dixie Highway built and last sold?
The property at 450963 Old Dixie Highway was built in 1985 and last sold on Jun 7, 2021 for $110,000.
How much is this home worth?
The estimated value of the home located at 450963 Old Dixie Highway is $0.
What are some comparable homes to 450963 Old Dixie Highway?
There are currently no comparable homes to 450963 Old Dixie Highway.
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