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Putnam 32177
571 WEST RIVER Road
$239,900
● Land - Off Market

571 WEST RIVER Road

Palatka, FL 32177
bedrooms
Studio
bathrooms
0 Bath
$256,412
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Property is a perfect piece of property for your dream waterfront home! Property is 6.21 acres on the beautiful St. Johns River with 158 waterfront footage.

Schedule a showing of this beautiful property today!
Unit Size
-
Days on Market
-
Land Size
6.21 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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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 #1045041)

Price History

Date / Event Date Event Price
Mar 7, 2022 Sold
Premium
Sold
Mar 11, 2020 Listed by ROLAND PACETTI REALTY, INC $249,000
Listed by ROLAND PACETTI REALTY, INC
Nov 10, 2016 Sold
Premium
Sold
Mar 2, 2007 Sold
Premium
Sold
Sep 23, 2006 Listed by ROLAND PACETTI REALTY, INC $550,000
Listed by ROLAND PACETTI REALTY, INC

Property Highlights

With View

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • 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: 270,508
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 1,580
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: CHURCHWELL POINT
  • Land Acres: 0000006210
  • Standard Land Use Code: 8000
  • County Land Use Code: 99
  • State Land Use Code: 99
  • Legal Description 1: CHURCHWELL POINT MB6 P79 LOT 6

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950100

Geography

  • Account Number: 94307
  • Parcel: 51-09-27-1402-0000-0060
  • Lot: 6
  • Meridian: SEC 51 TWN 09S RNG 27E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.7223
  • Longitude: -81.5792

    Address

  • Full Address: 571 W River Rd
  • Address - House Number: 571
  • Street Direction: W
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Palatka
  • Carrier Code: R006
  • 4-Digit Zip Code: 7069
  • Zip Code: 32177

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $412,058
  • Tax Rate Code Area: 000

    Market Valuation

  • Market Total Value: $251,970
  • Market Land Value: $251,970

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $251,970
  • Assessed Land Value: $251,970

    Sales

  • Current Sale Contract Date: Mar 03, 2022
  • Current Sale Recording Date: Mar 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5365
  • Previous Sale Recording Date: Nov 10, 2016
  • Previous Sale Contract Date: Nov 10, 2016
  • Previous Sale Amount: $72,000
  • 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 Putnam

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$190

Below Asking

0.04%

Average Days on Market

96

Average Home Size

1829 ft²

Average Home Age

44.8 years

Currently For Sale

289 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: JENNIFER WATTS, ROLAND PACETTI REALTY, INC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1045041
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 571 West River Road built and last sold?
The property at 571 West River Road was built in and last sold on Mar 3, 2022 for $234,000.
How much is this home worth?
The estimated value of the home located at 571 West River Road is $0.
What are some comparable homes to 571 West River Road?
There are currently no comparable homes to 571 West River Road.
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