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Polk
5 Long Hammock DRIVE
$154,500
● Land - Off Market

5 Long Hammock DRIVE

RIVER RANCH, FL 33867
bedrooms
Studio
bathrooms
0 Bath
$165,366
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Enjoy this Beautiful lot with shade from the Oak Trees. This is a great location to make family memories for a lifetime. The Association offers pools, hot tubs, bathing facilities, laundry, tennis/pickleball court, shuffleboard, fitness center lounge and more. Bordering property offers a variety of activities open to the public for a fee.
Unit Size
-
Days on Market
41 days
Land Size
0.09 acres
Price per sqft
-
Property Type
Land
Property Taxes
$44
HOA Dues
$210
Year Built
-

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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 #O6052018)

Price History

Date / Event Date Event Price
Oct 7, 2022 Sold
Premium
Sold
Aug 16, 2022 Listed by WESTGATE REALTY $159,000
Listed by WESTGATE REALTY
Jan 11, 2006 Sold
Premium
Sold
Sep 17, 2002 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,055
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 450
  • 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: R
  • Subdivision: LONG HAMMOCK PHASE ONE
  • Land Acres: 0000000093
  • Standard Land Use Code: 1006
  • County Land Use Code: 0007
  • State Land Use Code: 00
  • Mobile Home Indicator: T
  • Legal Description 1: LONG HAMMOCK PHASE ONE PB 73 PG 21 BLK 1 LOT 5

Neighborhood

  • School District Name: Polk County School District
  • Census Tract: 015702

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Subdivision Phase Number: 1
  • Subdivision Tract Number: 996010
  • Parcel: 31-31-23-996010-001050
  • Block: 1
  • Lot: 5
  • Meridian: SEC 23 TWN 31S RNG 31E
  • Municipality: UNINCORP/SOUTH FL WMD
  • Latitude: 27.7674
  • Longitude: -81.1903

    Address

  • Full Address: 5 Long Hammock Dr
  • Address - House Number: 5
  • Address - Street Name: Long Hammock
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: River Ranch
  • Zip Code: 33867

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $66,838
  • Tax Rate Code Area: 30000

    Appraisal Valuation

  • Standard Deviation: 0.2125
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 105,221
  • High Value: 127,581
  • Low Value: 82,861

    Market Valuation

  • Market Total Value: $61,000
  • Market Land Value: $60,000
  • Market Improvement Value: $1,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,250

    Sales

  • Current Sale Contract Date: Sep 26, 2022
  • Current Sale Recording Date: Oct 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 61
  • Current Sale Input Document Number: 266577
  • Previous Sale Recording Date: Oct 04, 2022
  • Previous Sale Contract Date: Sep 26, 2022
  • Previous Sale Amount: $70,000
  • 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 Polk

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$180

Below Asking

0.02%

Average Days on Market

74

Average Home Size

1947 ft²

Average Home Age

22.7 years

Currently For Sale

7040 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: Jerry Beach
WESTGATE REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6052018
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 5 Long Hammock Drive built and last sold?
The property at 5 Long Hammock Drive was built in and last sold on Sep 26, 2022 for $84,500.
How much is this home worth?
The estimated value of the home located at 5 Long Hammock Drive is $0.
What are some comparable homes to 5 Long Hammock Drive?
There are currently no comparable homes to 5 Long Hammock Drive.
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