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Welaka 32189
524 OAK Street
$22,000
● Mobile Manufactured - Off Market

524 OAK Street

Welaka, FL 32193
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$44,176
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

DWMH on corner lot.  Landscaped yard with lots of flowering shrubs and shade.  Plenty of opportunities for recreation on the St. Johns River close by.  Small town living with enclosed porch and storage room addition. Fenced lot.  Sold As Is.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
-
Price per sqft
$19
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1972

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #784054)

Price History

Date / Event Date Event Price
Nov 17, 2015 Sold
Premium
Sold
Jul 22, 2015 Listed by MODERN REALTY OF FLORIDA $24,900
Listed by MODERN REALTY OF FLORIDA

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • 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: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELAKA
  • Land Acres: 0000000230
  • Standard Land Use Code: 1006
  • County Land Use Code: 00200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: WELAKA MB1 P51 BLK 44 S 100FT OF LOT 8 (MAP SHEET 41/4)

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 951300

Geography

  • Account Number: 65589
  • Parcel: 41-12-26-9200-0440-0082
  • Block: 44
  • Lot: 8.2
  • Meridian: SEC 41 TWN 12S RNG 26E
  • Municipality: TOWN OF WELAKA
  • Latitude: 29.4783
  • Longitude: -81.6687

    Address

  • Full Address: 524 Oak St
  • Address - House Number: 524
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: FL
  • City Name: Welaka
  • Zip Code: 32193

Valuation

    Tax

  • Total Area: 1,344
  • Tax Year: 2023
  • Tax Amount: $168,366
  • Tax Rate Code Area: 050

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 23,152
  • High Value: 33,882
  • Low Value: 12,421

    Market Valuation

  • Market Total Value: $101,130
  • Market Land Value: $16,200
  • Market Improvement Value: $84,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,130
  • Assessed Land Value: $16,200
  • Assessed Improvements Value: $84,930

    Sales

  • Current Sale Contract Date: Oct 20, 2015
  • Current Sale Recording Date: Nov 17, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 201554829956
  • Previous Sale Recording Date: Jul 14, 2015
  • Previous Sale Contract Date: Jul 13, 2015
  • Previous Sale Document Type: 69
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 Welaka

Stats & Trends

Median Asking:

$360,000

Sale Price/ft²

$242

Below Asking

0.05%

Average Days on Market

99

Average Home Size

1866 ft²

Average Home Age

23 years

Currently For Sale

12 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

Unit for rent at 99 Broad River Place, Welaka, FL, 32193

$1,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,208 ft²
99 Broad River Place #3102, Welaka, FL, 32193 Listing by JANA MCNALLY

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: LARISSA RICKETTS-OWENS, MODERN REALTY OF FLORIDA
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 784054
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 524 Oak Street built and last sold?
The property at 524 Oak Street was built in 1972 and last sold on Oct 20, 2015 for $22,000.
How much is this home worth?
The estimated value of the home located at 524 Oak Street is $0.
What are some comparable homes to 524 Oak Street?
There are currently no comparable homes to 524 Oak Street.
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