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Nassau Village-Ratliff 32011 Nassau Village-Ratliff
540404 LEM TURNER Road
$50,000
● Land - Off Market

540404 LEM TURNER Road

Callahan, FL 32011
bedrooms
Studio
bathrooms
0 Bath
$76,028
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Prime property for sale in Callahan. This .73 acre of land is fully fenced with well and septic. The existing mobile home has burned to the ground and the owner is selling the property  ''as is'', and the buyer will assume the clearing of the debris. Land is zoned Mobile Home.

Do not enter property without permission from the listing agent.
Unit Size
-
Days on Market
21 days
Land Size
0.73 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1973

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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: 12 months ago (Real MLS #1158560)

Price History

Date / Event Date Event Price
Apr 8, 2022 Sold
Premium
Sold
Mar 15, 2022 Listed by WATSON REALTY CORP $75,000
Listed by WATSON REALTY CORP
Mar 28, 2008 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 33
  • Exterior Walls Type: 10
  • Interior Walls Type: 20
  • Roof Shape Type: 6
  • Roof Cover Type: 6
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 220
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,496
  • Lot Size Depth Feet: 210
  • Lot Size Frontage Feet: 150
  • Total Building Area: 792
  • Gross Building Area: 792
  • Building Area: 792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 792
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEE-STONER SHORES 07
  • Land Acres: 0000000723
  • Standard Land Use Code: 1000
  • County Land Use Code: 0700
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: TRACT 7 IN OR 2553/1683 LEE STONER SHORES 1 UNR

Neighborhood

  • School District Name: Nassau County School District
  • Census Tract: 050506

Zoning

  • Zoning: RM

Geography

  • Assessors Map Reference: MAP 3E/37N
  • District: 06
  • Subdivision Tract Number: 7
  • Parcel: 37-1N-25-296A-0007-0000
  • Lot: A0007
  • Meridian: SEC 37 TWN 01N RNG 25E
  • Municipality: DRAIN DIST
  • Latitude: 30.5293
  • Longitude: -81.7703

    Address

  • Full Address: 540404 Lem Turner Rd
  • Address - House Number: 540404
  • Address - Street Name: Lem Turner
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Callahan
  • Carrier Code: R006
  • 4-Digit Zip Code: 8914
  • Zip Code: 32011

Valuation

    Tax

  • Total Area: 861
  • Tax Year: 2023
  • Tax Amount: $91,900
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.1975
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 83,949
  • High Value: 100,534
  • Low Value: 67,364

    Market Valuation

  • Market Total Value: $57,579
  • Market Land Value: $45,000
  • Market Improvement Value: $12,579

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,579
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $12,579

    Sales

  • Current Sale Contract Date: Apr 06, 2022
  • Current Sale Recording Date: Apr 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12968
  • Previous Sale Recording Date: Mar 28, 2008
  • Previous Sale Contract Date: Mar 10, 2008
  • Previous Sale Amount: $20,000
  • Previous Sale Document Type: 55
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 Nassau Village-Ratliff

Stats & Trends

Median Asking:

$379,000

Sale Price/ft²

$231

Below Asking

0.03%

Average Days on Market

75

Average Home Size

2094 ft²

Average Home Age

39.5 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

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Real MLS

Listed by: Paula M Carlson, PA, WATSON REALTY CORP
Last Updated: 12 months ago
Data Source: Real MLS, MLS# 1158560
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 540404 Lem Turner Road built and last sold?
The property at 540404 Lem Turner Road was built in 1973 and last sold on Apr 6, 2022 for $50,000.
How much is this home worth?
The estimated value of the home located at 540404 Lem Turner Road is $0.
What are some comparable homes to 540404 Lem Turner Road?
There are currently no comparable homes to 540404 Lem Turner Road.
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