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Alachua
5002 NE 220TH Terrace
$210,000
● House - Off Market

5002 NE 220TH Terrace

Earleton, FL 32631
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,702 Ft²
$286,011
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

NATURE LOVERS PARADISE. Come check out  1.2 acres nestled on Lake Elizabeth. This three bed two bath home boasts an extra loft space, a wrap around porch and it's own PRIVATE DOCK overlooking the beautiful lake. With a little TLC this home is waiting to be yours. Schedule your showing today!
Unit Size
1,702 Ft²
Days on Market
-
Land Size
-
Price per sqft
$162
Property Type
House
Property Taxes
-
HOA Dues
$12
Year Built
1991

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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: 2 years ago (Real MLS #1181470)

Price History

Date / Event Date Event Price
Sep 12, 2022 Sold
Premium
Sold
Jul 16, 2022 Listed by GAILEY ENTERPRISES LLC $275,000
Listed by GAILEY ENTERPRISES LLC
Dec 12, 1990 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,272
  • Total Building Area: 1,702
  • Gross Building Area: 1,702
  • Building Area: 1,702
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,702
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE ELIZABETH REPLAT
  • Land Acres: 0000001200
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 001
  • Legal Description 1: LAKE ELIZABETH REPLAT PB L-8 LOT 64 OR 5111/623

Neighborhood

  • School District Name: Alachua County School District
  • Census Tract: 002002

Zoning

  • Zoning: PD

Geography

  • Parcel: 18857-010-064
  • Lot: 64
  • Meridian: SEC 22 TWN 09S RNG 22E
  • Municipality: ST. JOHNS
  • Latitude: 29.7005
  • Longitude: -82.0896

    Address

  • Full Address: 5002 Ne 220th Ter
  • Address - House Number: 5002
  • Street Direction: NE
  • Address - Street Name: 220th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Earleton
  • Carrier Code: H041
  • 4-Digit Zip Code: 6834
  • Zip Code: 32631

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $454,278
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 0200

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 69
  • Final Value: 356,187
  • High Value: 435,733
  • Low Value: 276,641

    Market Valuation

  • Market Total Value: $203,054
  • Market Land Value: $22,500
  • Market Improvement Value: $225,554

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,054
  • Assessed Land Value: $22,500
  • Assessed Improvements Value: $180,554

    Sales

  • Current Sale Contract Date: Sep 06, 2022
  • Current Sale Recording Date: Sep 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3444792
  • Previous Sale Recording Date: Dec 12, 1990
  • Previous Sale Contract Date: Dec 12, 1990
  • Previous Sale Amount: $20,100
  • Previous Sale Document Type: 27
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 Alachua

Stats & Trends

Median Asking:

$334,485

Sale Price/ft²

$199

Below Asking

0.02%

Average Days on Market

73

Average Home Size

1832 ft²

Average Home Age

33.7 years

Currently For Sale

1643 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: ALLISON RIGG, GAILEY ENTERPRISES LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1181470
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 5002 Northeast 220th Terrace built and last sold?
The property at 5002 Northeast 220th Terrace was built in 1991 and last sold on Sep 6, 2022 for $210,000.
How much is this home worth?
The estimated value of the home located at 5002 Northeast 220th Terrace is $0.
What are some comparable homes to 5002 Northeast 220th Terrace?
There are currently no comparable homes to 5002 Northeast 220th Terrace.
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