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Clay 32656
5508 LODGE Road
$110,000
● Mobile Manufactured - Off Market

5508 LODGE Road

Keystone Heights, FL 32656
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$137,536
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

This 3 bedroom, 2 bath home, in need of some TLC, offers the opportunity create a living space of your choosing. Located on 1 acre in Big Tree Lakes, it has a split floor plan, screened in back porch, and 2 story detached garage with additional living space upstairs. Property has beautiful trees, and is completely fenced.  This home has potential and is zoned for A plus schools. Near Keystone Heights, enjoy shopping in the charming downtown and spend time in the lovely parks and recreational spaces offered by the lake region area. Easy commute to Gainesville, Jacksonville, Palatka and Middleburg.  There is an adjoining 1 acre vacant lot that is also available for purchase, MLS 1083920.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
-
Price per sqft
$89
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1992

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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 #1088873)

Price History

Date / Event Date Event Price
Oct 14, 2021 Sold
Premium
Sold
Jul 16, 2021 Sold
Premium
Sold
Jan 4, 2021 Listed by CW REALTY $119,000
Listed by CW REALTY

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 720
  • Parking Space Count: 6
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,755
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BIG TREE LAKES
  • Land Acres: 0000001027
  • Standard Land Use Code: 1006
  • County Land Use Code: 0200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: LOT 22 BLK 19 BIG TREE LAKES SEC C@ S/D AS REC OR 4522 PG 1097

Neighborhood

  • School District Name: Clay County School District
  • Census Tract: 031110

Zoning

  • Zoning: AR

Geography

  • Assessors Map Reference: MAP 136.00
  • Parcel: 13-08-23-001437-865-14
  • Block: 19
  • Lot: 22
  • Meridian: SEC 13 TWN 08S RNG 23E
  • Municipality: UNINCORPORATED
  • Latitude: 29.7961
  • Longitude: -81.9596

    Address

  • Full Address: 5508 Lodge Rd
  • Address - House Number: 5508
  • Address - Street Name: Lodge
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Keystone Heights
  • Carrier Code: R004
  • 4-Digit Zip Code: 8321
  • Zip Code: 32656

Valuation

    Tax

  • Total Area: 1,344
  • Tax Year: 2022
  • Tax Amount: $106,473
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2038
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 185,439
  • High Value: 223,240
  • Low Value: 147,637

    Market Valuation

  • Market Total Value: $95,603
  • Market Land Value: $9,000
  • Market Improvement Value: $86,603

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $95,603
  • Assessed Land Value: $9,000
  • Assessed Improvements Value: $86,603

    Sales

  • Current Sale Contract Date: Jul 07, 2021
  • Current Sale Recording Date: Oct 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021065233

    Financing

  • First Mortgage Financing Type: VAR
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 Clay

Stats & Trends

Median Asking:

$354,900

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

77

Average Home Size

2026 ft²

Average Home Age

20.8 years

Currently For Sale

1094 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: BRENDA THORNTON, CW REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1088873
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 5508 Lodge Road built and last sold?
The property at 5508 Lodge Road was built in 1992 and last sold on Jul 7, 2021 for $110,000.
How much is this home worth?
The estimated value of the home located at 5508 Lodge Road is $0.
What are some comparable homes to 5508 Lodge Road?
There are currently no comparable homes to 5508 Lodge Road.
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