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Putnam
579 State Road 26
$315,000
● Mobile Manufactured - Off Market

579 State Road 26

Melrose, FL 32666
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,809 Ft²
$1,586
Est. Monthly
6.71%
Cap Rate

About This Property

Beautiful Gated property. County living at its best.
Unit Size
1,809 Ft²
Days on Market
29 days
Land Size
3.08 acres
Price per sqft
$174
Property Type
Mobile Manufactured
Property Taxes
$39
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: 7 months ago (Space Coast MLS #1028217)

Price History

Date / Event Date Event Price
Nov 27, 2024 Sold
Premium
Sold
Oct 31, 2024 In contract -
In contract
Oct 26, 2024 Listed by RLL Real Estate Group $315,000
Listed by RLL Real Estate Group
May 26, 2022 Sold
Premium
Sold
Mar 29, 2022 Listed by RLL Real Estate Group $249,900
Listed by RLL Real Estate Group
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 540
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 134,165
  • Total Building Area: 1,809
  • Gross Building Area: 1,809
  • Building Area: 1,809
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,809
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003080
  • Standard Land Use Code: 1006
  • County Land Use Code: 00200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: PT OF SE1/4 OF SE1/4 OR796, P1

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950300

Geography

  • Account Number: 92760
  • Parcel: 17-09-23-0000-0010-0021
  • Meridian: SEC 17 TWN 09S RNG 23E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.7137
  • Longitude: -82.0166

    Address

  • Full Address: 579 State Road 26
  • Address - House Number: 579
  • Address - Street Name: State Road 26
  • State: FL
  • City Name: Melrose
  • Carrier Code: R001
  • 4-Digit Zip Code: 4042
  • Zip Code: 32666

Valuation

    Tax

  • Total Area: 2,120
  • Tax Year: 2023
  • Tax Amount: $375,938

    Appraisal Valuation

  • Standard Deviation: 0.1476
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 82
  • Final Value: 323,399
  • High Value: 371,159
  • Low Value: 275,639

    Market Valuation

  • Market Total Value: $214,290
  • Market Land Value: $33,880
  • Market Improvement Value: $180,410

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $214,290
  • Assessed Land Value: $33,880
  • Assessed Improvements Value: $180,410

    Sales

  • Current Sale Contract Date: May 25, 2022
  • Current Sale Recording Date: May 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13419
  • Previous Sale Recording Date: Aug 04, 2017
  • Previous Sale Contract Date: Jul 18, 2017
  • Previous Sale Amount: $130,000
  • 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

97

Average Home Size

1837 ft²

Average Home Age

44.7 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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SpaceCoast

Listed by: Paul Henry Loftis, RLL Real Estate Group
Last Updated: 7 months ago
Data Source: Space Coast MLS, MLS# 1028217
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. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 579 State Rd 26 built and last sold?
The property at 579 State Rd 26 was built in 1999 and last sold on May 25, 2022 for $255,000.
How much is this home worth?
The estimated value of the home located at 579 State Rd 26 is $315,622.
What are some comparable homes to 579 State Rd 26?
There are currently no comparable homes to 579 State Rd 26.
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