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Nassau 32011
54651 SPRING LAKE Drive
$278,700
● House - Off Market

54651 SPRING LAKE Drive

Callahan, FL 32011
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,475 Ft²
$453,011
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Elegant Brick Ranch Home.. This beautiful spacious home has 4 bed/3 bath/2 car garage on a 1 acre lot with No HOA fee. Walk in and be greeted in the foyer with dining room to the left and living room/office to the right.  Great room with 12 ft ceilings and a fireplace. Kitchen with Corian countertops, tile backsplash, white appliances, eat-in dinette area.  Master bed has 10 ft tray ceilings with a sitting room/office, door that opens onto the patio. Master bath has a walk-in closet, corner style soaking tub, tiled separate shower. On the opposite side of home has 3 beds/2 baths. Utility room. Fenced backyard. A 20 X 10 storage building at the back of property. Termite bond. One year home warranty.
Unit Size
2,475 Ft²
Days on Market
57 days
Land Size
-
Price per sqft
$115
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2006

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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 #895601)

Price History

Date / Event Date Event Price
Oct 11, 2017 Sold
Premium
Sold
Aug 7, 2017 Listed by WATSON REALTY CORP $285,000
Listed by WATSON REALTY CORP
Sep 11, 2006 Sold
Premium
Sold
Apr 20, 2006 Listed by WATSON REALTY CORP $307,300
Listed by WATSON REALTY CORP

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,480
  • Total Building Area: 2,937
  • Gross Building Area: 2,937
  • Building Area: 2,475
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,475
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING LAKE EST 4
  • Land Acres: 0000000998
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: BLOCK 13 LOT 2 IN OR 2151/497 CONSERV ESMT PT OR 929/824 SPRING LAKE EST 4 REPLAT PB 6/177

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 3D/46A
  • Parcel: 46-2N-25-197D-0013-0020
  • Block: 13
  • Lot: 2
  • Meridian: SEC 46 TWN 02N RNG 25E
  • Municipality: DRAIN DIST
  • Latitude: 30.5618
  • Longitude: -81.7824

    Address

  • Full Address: 54651 Spring Lake Dr
  • Address - House Number: 54651
  • Address - Street Name: Spring Lake
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Callahan
  • Carrier Code: R008
  • 4-Digit Zip Code: 8527
  • Zip Code: 32011

Valuation

    Tax

  • Total Area: 2,781
  • Tax Year: 2023
  • Tax Amount: $305,310
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.1986
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 500,578
  • High Value: 600,005
  • Low Value: 401,150

    Market Valuation

  • Market Total Value: $381,115
  • Market Land Value: $50,000
  • Market Improvement Value: $331,115

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,169

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 25, 2017
  • Current Sale Recording Date: Oct 11, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201729796
  • Previous Sale Recording Date: Sep 11, 2006
  • Previous Sale Contract Date: Aug 18, 2006
  • Previous Sale Amount: $305,300
  • Previous Sale Document Type: 71
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

Stats & Trends

Median Asking:

$469,900

Sale Price/ft²

$234

Below Asking

0.02%

Average Days on Market

83

Average Home Size

2175 ft²

Average Home Age

18.7 years

Currently For Sale

704 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: LISA STEWART, WATSON REALTY CORP
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 895601
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 54651 Spring Lake Drive built and last sold?
The property at 54651 Spring Lake Drive was built in 2006 and last sold on Sep 25, 2017 for $278,700.
How much is this home worth?
The estimated value of the home located at 54651 Spring Lake Drive is $0.
What are some comparable homes to 54651 Spring Lake Drive?
There are currently no comparable homes to 54651 Spring Lake Drive.
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