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Nassau Village-Ratliff 32011 Nassau Village-Ratliff
540434 LEM TURNER Road
$90,000
● Mobile Manufactured - Off Market

540434 LEM TURNER Road

Callahan, FL 32011
bedrooms
2 Beds
bathrooms
1 Bath
square feet
732 Ft²
$537
Est. Monthly
16.04%
Cap Rate

About This Property

Investors! This 1974 mobile home is 2 bedroom 1 bathroom on .77 acres. Currently tenants in place renting month to month. Please do not go on property without a scheduled showing. This is a cash only sale. Only exterior pictures at this time. No value given to mobile home.
Unit Size
732 Ft²
Days on Market
-
Land Size
0.77 acres
Price per sqft
$123
Property Type
Mobile Manufactured
Property Taxes
$95
HOA Dues
-
Year Built
1976

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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 #2038668)

Price History

Date / Event Date Event Price
Aug 9, 2024 Sold
Premium
Sold
Jul 25, 2024 In contract -
In contract
Jul 24, 2024 Listed by FLORIDA HOMES REALTY & MTG LLC $90,000
Listed by FLORIDA HOMES REALTY & MTG LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 17
  • Building Style: 33
  • Exterior Walls Type: 10
  • Interior Walls Type: 20
  • Roof Shape Type: 7
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 14
  • 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: 33,634
  • Lot Size Depth Feet: 234
  • Lot Size Frontage Feet: 140
  • Total Building Area: 732
  • Gross Building Area: 732
  • Building Area: 732
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 732
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000772
  • Standard Land Use Code: 1006
  • County Land Use Code: 0200
  • Mobile Home Indicator: T
  • Legal Description 1: TRACT 5 LEE STONER SHORE 1 UNR

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 3E/37N
  • Subdivision Tract Number: 5
  • Parcel: 37-1N-25-296A-0005-0000
  • Lot: A0005
  • Meridian: SEC 37 TWN 01N RNG 25E
  • Municipality: DRAIN DIST
  • Latitude: 30.5295
  • Longitude: -81.7711

    Address

  • Full Address: 540434 Lem Turner Rd
  • Address - House Number: 540434
  • 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: 732
  • Tax Year: 2023
  • Tax Amount: $117,085
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.1318
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 84
  • Final Value: 123,829
  • High Value: 140,158
  • Low Value: 107,500

    Market Valuation

  • Market Total Value: $77,743
  • Market Land Value: $45,000
  • Market Improvement Value: $32,743

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,743
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $32,743
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

Rentals Near You

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Real MLS

Listed by: BOBBIE POWELL, FLORIDA HOMES REALTY & MTG LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2038668
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 540434 Lem Turner Road built and last sold?
The property at 540434 Lem Turner Road was built in 1976 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 540434 Lem Turner Road is $0.
What are some comparable homes to 540434 Lem Turner Road?
There are currently no comparable homes to 540434 Lem Turner Road.
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