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Clay 32656
5731 CHIPPEWA Avenue
$25,000
● Land - Off Market

5731 CHIPPEWA Avenue

Keystone Heights, FL 32656
bedrooms
Studio
bathrooms
0 Bath
$127
Est. Monthly
$4
HOA / Fees

About This Property

LOW DOWN PAYMENTS AND OWNER FINANCING AVAILABLE!  A BEAUTIFUL WOODED LOT IN BIG TREE LAKES SUBDIVISION-PRETTY MATURE OAKS WOULD CREATE A BEAUTIFUL CANOPY FOR YOUR HOME.  THIS LOT BACKS UP TO A PRAIRIE, SO YOU WILL NEVER HAVE ANYONE BUILDING BEHIND YOU.  RESTRICTED TO SITE BUILT HOME OR BRAND NEW MOBILE HOME (NO PRE OWNED MOBILY HOMES.)  ONLY 5 LOTS OFF A PAVED RD.
Unit Size
-
Days on Market
-
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$4
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 #463451)

Price History

Date / Event Date Event Price
Dec 27, 2023 Sold
Premium
Sold
Oct 2, 2023 In contract -
In contract
Sep 22, 2023 Listed by REALTY MASTERS, INC. $285,000
Listed by REALTY MASTERS, INC.
Jul 15, 2022 Sold
Premium
Sold
Apr 29, 2022 Sold
Premium
Sold
Show More

Property Highlights

Garage

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: 47,442
  • 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: BIG TREE LAKES
  • Land Acres: 0000001089
  • Standard Land Use Code: 8000
  • County Land Use Code: 000000
  • State Land Use Code: 00
  • Legal Description 1: LOT 8 BLK 11 BIG TREE LAKES SEC C AS REC OR 4628 PG 1908

Neighborhood

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

Zoning

  • Zoning: AR

Geography

  • Assessors Map Reference: MAP 134.00
  • Parcel: 12-08-23-001437-863-20
  • Block: 11
  • Lot: 8
  • Meridian: SEC 12 TWN 08S RNG 23E
  • Municipality: UNINCORPORATED
  • Latitude: 29.8072
  • Longitude: -81.9548

    Address

  • Full Address: 5731 Chippewa Ave
  • Address - House Number: 5731
  • Address - Street Name: Chippewa
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Keystone Heights
  • Carrier Code: R010
  • 4-Digit Zip Code: 7225
  • Zip Code: 32656

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,519
  • Tax Rate Code Area: 001

    Market Valuation

  • Market Total Value: $9,000
  • Market Land Value: $9,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $9,000
  • Assessed Land Value: $9,000

    Sales

  • Current Sale Contract Date: Dec 15, 2023
  • Current Sale Recording Date: Dec 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 62473
  • Previous Sale Recording Date: Jul 15, 2022
  • Previous Sale Contract Date: Jul 11, 2022
  • Previous Sale Amount: $50,300
  • 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 Clay

Stats & Trends

Median Asking:

$352,148

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

77

Average Home Size

2025 ft²

Average Home Age

20.9 years

Currently For Sale

1088 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

Unit for rent at 5869 White Sands Road, Keystone Heights, FL, 32656

$1,450 /mo

  • 2 Beds
  • 1 Bath
  • 1,116 ft²
5869 White Sands Road #A, Keystone Heights, FL, 32656 Listing by David Kemlage

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: Margie Lapinsky, REALTY MASTERS, INC.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 463451
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 5731 Chippewa Avenue built and last sold?
The property at 5731 Chippewa Avenue was built in and last sold on Dec 15, 2023 for $280,000.
How much is this home worth?
The estimated value of the home located at 5731 Chippewa Avenue is $0.
What are some comparable homes to 5731 Chippewa Avenue?
There are currently no comparable homes to 5731 Chippewa Avenue.
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