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Clay 32068
5559 DRAKE LOOP RD
$39,900
● Mobile Manufactured - Off Market

5559 DRAKE LOOP RD

Middleburg, FL 32068
bedrooms
2 Beds
bathrooms
1 Bath
$196
Est. Monthly

About This Property

BEAUTIFUL 1.74 ACRE LOT W/GREAT PRIVACY. FRONTAGE IS HEAVILY TREED. SINGLE-WIDE IS IN NEED OF MUCH REPAIR BUT IS LIVEABLE. GREAT OPP TO BUILD YOUR COUNTRY HOME OR REMODEL EXISTING SINGLEWIDE.PLEASE BRING ONLY CASH OR CONVENTIONAL OFFERS. NO VA OR FHA. SOLD ''AS IS''... CALL AGENT ON EITHER CELL OR @282-3763 NOT AT # SHOWN ON BOTTOM!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1996

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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 #113515)

Price History

Date / Event Date Event Price
Mar 18, 2020 Sold
Premium
Sold
Jan 20, 2020 Listed by WATSON REALTY CORP $129,900
Listed by WATSON REALTY CORP
Mar 30, 2011 Sold
Premium
Sold
Aug 8, 2010 Listed by WATSON REALTY CORP $79,900
Listed by WATSON REALTY CORP
Jun 27, 2001 Listed by WATSON REALTY CORP $39,900
Listed by WATSON REALTY CORP

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 4
  • 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: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 75,794
  • Lot Size Depth Feet: 4,960
  • Lot Size Frontage Feet: 1,530
  • Total Building Area: 2,052
  • Gross Building Area: 2,052
  • Building Area: 2,052
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,052
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DUCK POND WEST UNIT 2
  • Land Acres: 0000001740
  • Standard Land Use Code: 1006
  • County Land Use Code: 0200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: LOT 45 DUCK POND WEST UNIT 2 AS REC OR 4290 PG 625

Neighborhood

  • School District Name: Clay County School District
  • Census Tract: 030105

Zoning

  • Zoning: AR

Geography

  • Assessors Map Reference: 1398-E6
  • Parcel: 02-05-23-000534-095-00
  • Lot: 45
  • Meridian: SEC 02 TWN 05S RNG 23E
  • Municipality: UNINCORPORATED
  • Latitude: 30.0906
  • Longitude: -81.9672

    Address

  • Full Address: 5559 Drake Loop Rd
  • Legal Unit: 2
  • Address - House Number: 5559
  • Address - Street Name: Drake Loop
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Middleburg
  • Carrier Code: R003
  • 4-Digit Zip Code: 7420
  • Zip Code: 32068

Valuation

    Tax

  • Total Area: 2,052
  • Tax Year: 2022
  • Tax Amount: $225,431
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1913
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 241,333
  • High Value: 287,524
  • Low Value: 195,143

    Market Valuation

  • Market Total Value: $148,390
  • Market Land Value: $41,321
  • Market Improvement Value: $107,069

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $148,390
  • Assessed Land Value: $41,321
  • Assessed Improvements Value: $107,069

    Sales

  • Current Sale Contract Date: Mar 16, 2020
  • Current Sale Recording Date: Mar 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020014722
  • Previous Sale Recording Date: Mar 30, 2011
  • Previous Sale Contract Date: Mar 24, 2011
  • Previous Sale Amount: $78,500
  • 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 Clay

Stats & Trends

Median Asking:

$355,400

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

69

Average Home Size

2045 ft²

Average Home Age

21.6 years

Currently For Sale

1488 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: 11827 11827, WATSON REALTY CORP
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 113515
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 5559 Drake Loop Road built and last sold?
The property at 5559 Drake Loop Road was built in 1996 and last sold on Mar 16, 2020 for $129,900.
How much is this home worth?
The estimated value of the home located at 5559 Drake Loop Road is $0.
What are some comparable homes to 5559 Drake Loop Road?
There are currently no comparable homes to 5559 Drake Loop Road.
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