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Putnam 32640
591 N STATE ROAD 21
$65,000
● Land - Off Market

591 N STATE ROAD 21

Hawthorne, FL 32640
bedrooms
Studio
bathrooms
0 Bath
$394
Est. Monthly

About This Property

Are you looking for a fantastic property...look no further. 2.64 acres with well (no pump), septic and power pole. Has not been offered for sale in approximately 50 years. This is a great location just south of Melrose. Easy commute to Gainesville via FL 20 or FL 26. Awesome location for your new home or mobile home. Santa Fe Lake (6,000 acres) close by and numerous other lakes.
Unit Size
-
Days on Market
-
Land Size
2.64 acres
Price per sqft
-
Property Type
Land
Property Taxes
$99
HOA Dues
-
Year Built
1985

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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 #2061802)

Price History

Date / Event Date Event Price
Jan 10, 2025 Sold
Premium
Sold
Dec 28, 2024 In contract -
In contract
Dec 23, 2024 Listed by HELEN HERSEY REALTY $60,000
Listed by HELEN HERSEY REALTY

Property Highlights

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1996
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 114,998
  • Total Building Area: 846
  • Gross Building Area: 846
  • Building Area: 846
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 846
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002640
  • Standard Land Use Code: 1006
  • County Land Use Code: 00200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: PT OF NE1/4 OF GOVT LOT 2 OR589 P55 (EX OR1224 P1313) (MAP SHEET 31B)

Neighborhood

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

Geography

  • Account Number: 71812
  • Parcel: 31-09-23-0000-0010-0010
  • Lot: 2
  • Meridian: SEC 31 TWN 09S RNG 23E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.6746
  • Longitude: -82.0341

    Address

  • Full Address: 591 N State Road 21
  • Address - House Number: 591
  • Street Direction: N
  • Address - Street Name: State Road 21
  • State: FL
  • City Name: Hawthorne
  • Carrier Code: R002
  • 4-Digit Zip Code: 4106
  • Zip Code: 32640

Valuation

    Tax

  • Total Area: 846
  • Tax Year: 2023
  • Tax Amount: $118,303
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 57,625
  • High Value: 84,332
  • Low Value: 30,917

    Market Valuation

  • Market Total Value: $72,720
  • Market Land Value: $29,040
  • Market Improvement Value: $43,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,720
  • Assessed Land Value: $29,040
  • Assessed Improvements Value: $43,680
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:

$280,000

Sale Price/ft²

$188

Below Asking

0.03%

Average Days on Market

74

Average Home Size

1774 ft²

Average Home Age

45.5 years

Currently For Sale

409 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: HELEN HERSEY, HELEN HERSEY REALTY
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2061802
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 591 North State Rd 21 built and last sold?
The property at 591 North State Rd 21 was built in 1985 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 591 North State Rd 21 is $0.
What are some comparable homes to 591 North State Rd 21?
There are currently no comparable homes to 591 North State Rd 21.
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