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Clay 32068
5577 DRAKE LOOP Road
$120,000
● Mobile Manufactured - Off Market

5577 DRAKE LOOP Road

Middleburg, FL 32068
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,356 Ft²
$199,056
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Over 2 acres of peaceful country living can be found with this home! Perfect for a large family or horse lovers. Just a walk down the road to Jennings State Forest, this is a quiet and peaceful area. This 4 bedroom/2 bathroom home features a large master bedroom with retreat, living/dining room combo, and a large kitchen with food prep island and lots of cabinets for storage. The lot features a large front and back yard with plenty of space for activities. Make this home a must see!
Unit Size
2,356 Ft²
Days on Market
-
Land Size
-
Price per sqft
$53
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1999

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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: 3 years ago (Real MLS #889483)

Price History

Date / Event Date Event Price
Aug 28, 2019 Sold
Premium
Sold
Jun 29, 2019 Listed by COLDWELL BANKER VANGUARD REALTY $134,900
Listed by COLDWELL BANKER VANGUARD REALTY
Sep 26, 2017 Sold
Premium
Sold
Jun 30, 2017 Listed by COLDWELL BANKER VANGUARD REALTY $125,000
Listed by COLDWELL BANKER VANGUARD REALTY

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • 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: 3
  • Garage Square Area: 72
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 104,108
  • Lot Size Depth Feet: 4,960
  • Lot Size Frontage Feet: 2,100
  • Total Building Area: 2,356
  • Gross Building Area: 2,356
  • Building Area: 2,356
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,356
  • 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: 0000002390
  • Standard Land Use Code: 1006
  • County Land Use Code: 0200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: LOT 42 DUCK POND WEST UNIT 2 AS REC OR 4226 PG 1175

Neighborhood

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

Zoning

  • Zoning: AR

Geography

  • Assessors Map Reference: MAP 046.00
  • Parcel: 02-05-23-000534-092-00
  • Lot: 42
  • Meridian: SEC 02 TWN 05S RNG 23E
  • Municipality: UNINCORPORATED
  • Latitude: 30.0913
  • Longitude: -81.9685

    Address

  • Full Address: 5577 Drake Loop Rd
  • Legal Unit: 2
  • Address - House Number: 5577
  • 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: 2,356
  • Tax Year: 2022
  • Tax Amount: $160,887
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1913
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 277,628
  • High Value: 330,766
  • Low Value: 224,490

    Market Valuation

  • Market Total Value: $182,528
  • Market Land Value: $49,153
  • Market Improvement Value: $133,375

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $136,860

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 23, 2019
  • Current Sale Recording Date: Aug 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019046561
  • Previous Sale Recording Date: Sep 26, 2017
  • Previous Sale Contract Date: Sep 25, 2017
  • Previous Sale Amount: $120,000
  • 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:

$355,445

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

69

Average Home Size

2044 ft²

Average Home Age

21.7 years

Currently For Sale

1485 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: EDEN JORDAN, COLDWELL BANKER VANGUARD REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 889483
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 5577 Drake Loop Road built and last sold?
The property at 5577 Drake Loop Road was built in 1999 and last sold on Aug 23, 2019 for $134,000.
How much is this home worth?
The estimated value of the home located at 5577 Drake Loop Road is $0.
What are some comparable homes to 5577 Drake Loop Road?
There are currently no comparable homes to 5577 Drake Loop Road.
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