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Putnam 32112
540 OLD HWY 17
$60,000
● Land - Off Market

540 OLD HWY 17

Crescent City, FL 32112
bedrooms
Studio
bathrooms
0 Bath
$77,286
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

2.85 acre corner lot outside of the city limits with hardwood and pines presently zoned AG with a future zoning of UR. Property is a triangle shape with approximately 718' frontage on Hwy 17 and 427' frontage on Old Hwy 17. High and dry according to county map. No survey. Buyer is responsible for all due diligence.  Please contact Putnam County Planning and Zoning to verify allowability of your intended usage of the property. CASH SALE ONLY!
Unit Size
-
Days on Market
-
Land Size
2.85 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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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: 2 years ago (Real MLS #1186704)

Price History

Date / Event Date Event Price
Apr 3, 2023 Sold
Premium
Sold
Aug 15, 2022 Listed by CENTURY 21 TRITON REALTY $75,000
Listed by CENTURY 21 TRITON REALTY
Jun 20, 2014 Sold
Premium
Sold
Feb 5, 2014 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 124,146
  • 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: V
  • Land Acres: 0000002850
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: E 1/2 OF N 1/2 OF LOT 6 (EX HWY & OR440 P1426)

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 951401

Geography

  • Account Number: 90281
  • Parcel: 12-12-27-0000-0110-0000
  • Lot: 6
  • Meridian: SEC 12 TWN 12S RNG 27E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.4687
  • Longitude: -81.5299

    Address

  • Full Address: 540 Old Highway 17
  • Address - House Number: 540
  • Address - Street Name: Old Highway 17
  • State: FL
  • City Name: Crescent City
  • Carrier Code: R002
  • 4-Digit Zip Code: 3928
  • Zip Code: 32112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $32,817
  • Tax Rate Code Area: 000

    Market Valuation

  • Market Total Value: $34,200
  • Market Land Value: $34,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,200
  • Assessed Land Value: $34,200

    Sales

  • Current Sale Contract Date: Mar 09, 2023
  • Current Sale Recording Date: Apr 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7089
  • Previous Sale Recording Date: Jun 20, 2014
  • Previous Sale Contract Date: Jun 20, 2014
  • Previous Sale Amount: $3,900
  • Previous Sale Document Type: 68
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 Putnam

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$189

Below Asking

0.04%

Average Days on Market

78

Average Home Size

1795 ft²

Average Home Age

45.4 years

Currently For Sale

291 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

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Real MLS

Listed by: KAYE JONES, CENTURY 21 TRITON REALTY
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1186704
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 540 Old Highway 17 built and last sold?
The property at 540 Old Highway 17 was built in and last sold on Mar 9, 2023 for $60,000.
How much is this home worth?
The estimated value of the home located at 540 Old Highway 17 is $0.
What are some comparable homes to 540 Old Highway 17?
There are currently no comparable homes to 540 Old Highway 17.
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