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Nassau 32011
45621 MUSSLEWHITE Road
$97,500
● House - Off Market

45621 MUSSLEWHITE Road

Callahan, FL 32011
bedrooms
2 Beds
bathrooms
1 Bath
square feet
824 Ft²
$142,920
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

Great investment property on 3.5 acres more or less high and dry.  This 2 BR 1 Bath bungalow will make a great rental property, or for someone just starting out. Property contains a single wide mobile home which is OWNED and occupied by a tenant currently on a month to month basis. The bungalow contains no water and needs to have a well put in. Property is also being sold ''AS IS''.
Unit Size
824 Ft²
Days on Market
-
Land Size
-
Price per sqft
$120
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1925

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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 #1032054)

Price History

Date / Event Date Event Price
Feb 24, 2020 Sold
Premium
Sold
Jan 8, 2020 Listed by FERNANDINA BEACH REALTY $99,000
Listed by FERNANDINA BEACH REALTY
Feb 8, 2017 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 20
  • Roof Shape Type: 7
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 624
  • Parking Space Count: 4
  • Patio Type: 5
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 174,240
  • Total Building Area: 824
  • Gross Building Area: 824
  • Building Area: 824
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 824
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004000
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 55
  • Legal Description 1: PT W1/2 OF SW1/4 OF NW1/4 OF SEC 3-2N-25E BEING ONLY PT LYING W OF MUSSLEWHITE RD & N OF OR 2099/1450 & S OF OR 2114/852

Neighborhood

  • School District Name: Nassau County School District
  • Census Tract: 050507

Zoning

  • Zoning: OR

Geography

  • Assessors Map Reference: MAP 3D/2X
  • District: 06
  • Section: 3
  • Parcel: 03-2N-25-0000-0004-0000
  • Lot: 4
  • Meridian: SEC 03 TWN 02N RNG 25E
  • Municipality: DRAIN DIST
  • Latitude: 30.622
  • Longitude: -81.7995

    Address

  • Full Address: 45621 Musslewhite Rd
  • Address - House Number: 45621
  • Address - Street Name: Musslewhite
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Callahan
  • Carrier Code: R002
  • 4-Digit Zip Code: 3508
  • Zip Code: 32011

Valuation

    Tax

  • Total Area: 842
  • Tax Year: 2023
  • Tax Amount: $126,434
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.1975
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 187,358
  • High Value: 224,372
  • Low Value: 150,343

    Market Valuation

  • Market Total Value: $126,989
  • Market Land Value: $64,800
  • Market Improvement Value: $62,189

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,989
  • Assessed Land Value: $64,800
  • Assessed Improvements Value: $62,189

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 18, 2020
  • Current Sale Recording Date: Feb 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202045005953
  • Previous Sale Recording Date: Feb 08, 2017
  • Previous Sale Contract Date: Jan 27, 2017
  • Previous Sale Amount: $99,000
  • 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 Nassau

Stats & Trends

Median Asking:

$469,900

Sale Price/ft²

$234

Below Asking

0.02%

Average Days on Market

83

Average Home Size

2175 ft²

Average Home Age

18.7 years

Currently For Sale

693 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: GEORGE ROZBORA, FERNANDINA BEACH REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1032054
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 45621 Musslewhite Road built and last sold?
The property at 45621 Musslewhite Road was built in 1925 and last sold on Feb 18, 2020 for $97,500.
How much is this home worth?
The estimated value of the home located at 45621 Musslewhite Road is $0.
What are some comparable homes to 45621 Musslewhite Road?
There are currently no comparable homes to 45621 Musslewhite Road.
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