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Polk 33860
4680 Poor Mans LANE
$100,000
● Land - Off Market

4680 Poor Mans LANE

MULBERRY, FL 33860
bedrooms
Studio
bathrooms
0 Bath
$94,781
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Great value!! 2.5 acres of dry land in Mulberry. This property has 2 wales, septic, and electricity. Call for more information!
Unit Size
-
Days on Market
29 days
Land Size
2.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$103
HOA Dues
-
Year Built
2000

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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 (Stellar MLS #L4926041)

Price History

Date / Event Date Event Price
Dec 7, 2021 Sold
Premium
Sold
Nov 1, 2021 Listed by EXP REALTY LLC $85,000
Listed by EXP REALTY LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 36
  • Pool Type: 0
  • Location Influence Type: 172

    Dimensions

  • Lot Size Square Feet: 147,176
  • Total Building Area: 1,216
  • Gross Building Area: 1,216
  • Building Area: 1,216
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,216
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALAMEDA HEIGHTS
  • Land Acres: 0000003379
  • Standard Land Use Code: 1006
  • County Land Use Code: 0201
  • State Land Use Code: 002
  • Mobile Home Indicator: T
  • Legal Description 1: W 328 FT OF N1/2 OF SW1/4 OF NW1/4 OF NW1/4 & S 30 FT OF N1/2 OF NW1/4 OF NW1/4 LESS R/W FOR ANDERSON RD

Neighborhood

  • School District Name: Polk County School District
  • Census Tract: 014802

Zoning

  • Zoning: RC

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Subdivision Tract Number: 000000
  • Parcel: 23-30-21-000000-033030
  • Meridian: SEC 21 TWN 30S RNG 23E
  • Municipality: UNINCORP/SWFWMD/LKLD MASS
  • Latitude: 27.8634
  • Longitude: -82.0217

    Address

  • Full Address: 4680 Poor Mans Ln
  • Address - House Number: 4680
  • Address - Street Name: Poor Mans
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Mulberry
  • Carrier Code: R001
  • 4-Digit Zip Code: 9175
  • Zip Code: 33860

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $182,140
  • Tax Rate Code Area: 91000

    Appraisal Valuation

  • Standard Deviation: 0.209
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 150,360
  • High Value: 181,793
  • Low Value: 118,926

    Market Valuation

  • Market Total Value: $98,894
  • Market Land Value: $11,121
  • Market Improvement Value: $87,773

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $98,894
  • Assessed Land Value: $11,121
  • Assessed Improvements Value: $87,773

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Dec 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021316856
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 Polk

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$180

Below Asking

0.03%

Average Days on Market

85

Average Home Size

1933 ft²

Average Home Age

22.6 years

Currently For Sale

5356 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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STELLAR

Listed by: Luis Perez Garcia
EXP REALTY LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# L4926041
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. Information is deemed reliable but not guaranteed. 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 4680 Poor Mans Lane built and last sold?
The property at 4680 Poor Mans Lane was built in 2000 and last sold on Nov 30, 2021 for $100,000.
How much is this home worth?
The estimated value of the home located at 4680 Poor Mans Lane is $85,850.
What are some comparable homes to 4680 Poor Mans Lane?
There are currently no comparable homes to 4680 Poor Mans Lane.
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