461 OLD STARKE Road
About This Property
This cozy 3-bedroom, 2-bath home offers an open-concept floor plan with soaring vaulted ceilings that create a bright and spacious living area. The updated kitchen seamlessly connects to the main living space, making it ideal for entertaining, hosting family gatherings, or enjoying everyday life. A unique loft with a spiral staircase adds extra versatility, providing the perfect space for a guest room, home office, or kids' playroom.
Recent improvements include a freshly painted exterior (2026), updated kitchen appliances (2026), washer and dryer (2026), primary shower (2024) and a roof installed (2016), offer added value and peace of mind. These updates, along with the property's private well (2025) and septic system (2024), enhance the self-sufficient country lifestyle this home provides.
Step outside and discover everything this remarkable acreage has to offer. The property is cross-fenced and includes multiple outbuildings, providing ample space for livestock, horses, equipment, workshops, hobbies, or additional storage. With no HOA restrictions, you'll have the flexibility to create the lifestyle you've envisioned.
Whether you're dreaming of a horse property, hobby farm, flourishing gardens, ATV trails, outdoor adventures, or simply a peaceful place to enjoy nature, this versatile property is ready to accommodate your plans. Established hunting opportunities and abundant wildlife make it equally appealing for outdoor enthusiasts and sportsmen.
Enjoy the tranquility of rural living without sacrificing convenience. Downtown Palatka is approximately 20 minutes away, Gainesville is about 45 minutes, and the beaches of St. Augustine are roughly one hour away. Outdoor recreation is close at hand, with Etoniah Creek State Forest just 15 minutes away, offering miles of horseback riding trails, hiking, wildlife viewing, and opportunities to experience Florida's natural beauty.
Opportunities to own nearly 20 private acres with an updated home, usable land, and this level of versatility are becoming increasingly rare. Whether you're searching for a full-time homestead, weekend retreat, or a property with room to grow, this is the place that offers the space, privacy, and potential to make your vision a reality.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2026 | Sold | ||
| Sold | |||
| Sep 17, 2026 | In contract | - | |
| In contract | |||
| Sep 13, 2026 | Price Decreased |
$435,000
↓ $40K
(8.4%) | |
| Price Decreased | |||
| Jun 29, 2026 | Price Decreased |
$475,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| May 19, 2026 | Price Decreased |
$485,000
↓ $15K
(3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017