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Starke 32091
607 MELTON Terrace
$127,000
● House - Off Market

607 MELTON Terrace

Starke, FL 32091
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,040 Ft²
$167,149
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Perfect starter home in the center of Starke. Very well maintained with newer carpet and hot water heater as well as new covered porch off the dinette. Concrete Block construction on large treed lot. Indoor laundry room adjacent to the kitchen.
Unit Size
1,040 Ft²
Days on Market
-
Land Size
-
Price per sqft
$120
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1977

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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 #1071867)

Price History

Date / Event Date Event Price
Nov 2, 2020 Sold
Premium
Sold
Sep 4, 2020 Listed by COLDWELL BANKER SMITH AND SMITH REALTY $125,000
Listed by COLDWELL BANKER SMITH AND SMITH REALTY

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 1,612
  • Gross Building Area: 1,612
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARDYS ADD
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 29 6S 22 LOT 10 & W1/2 OF LOT 11 OF BLK 2 HARDYS ADD

Neighborhood

  • School District Name: Bradford County School District
  • Census Tract: 000201

Geography

  • Parcel: 04118-B-01000
  • Block: 2
  • Lot: 10
  • Meridian: SEC 29 TWN 06S RNG 22E
  • Municipality: STARKE
  • Latitude: 29.9413
  • Longitude: -82.1152

    Address

  • Full Address: 607 Melton Ter
  • Address - House Number: 607
  • Address - Street Name: Melton
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Starke
  • Carrier Code: C001
  • 4-Digit Zip Code: 3831
  • Zip Code: 32091

Valuation

    Tax

  • Total Area: 1,218
  • Tax Year: 2023
  • Tax Amount: $87,267
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.4481
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 10
  • Final Value: 134,287
  • High Value: 194,464
  • Low Value: 74,109

    Market Valuation

  • Market Total Value: $115,406
  • Market Land Value: $20,000
  • Market Improvement Value: $95,406

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,732

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 30, 2020
  • Current Sale Recording Date: Nov 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202004008357
  • Previous Sale Recording Date: Nov 02, 2020
  • Previous Sale Contract Date: Oct 30, 2020
  • Previous Sale Amount: $127,000
  • 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 Starke

Stats & Trends

Median Asking:

$219,000

Sale Price/ft²

$165

Below Asking

0.03%

Average Days on Market

61

Average Home Size

1772 ft²

Average Home Age

54.1 years

Currently For Sale

29 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 1637 W Madison Street, Starke, FL, 32091

$1,450 /mo

  • 3 Beds
  • 1 Bath
  • 1,488 ft²
1637 W Madison Street #2, Starke, FL, 32091 Listing by DEBBIE BEALS
Unit for rent at 673 S Orange Street, Starke, FL, 32091

$1,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
673 S Orange Street, Starke, FL, 32091 Listing by LINDSEY WALKER

Rentals Near You

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

Listed by: LISA SHAW, COLDWELL BANKER SMITH AND SMITH REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1071867
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 607 Melton Terrace built and last sold?
The property at 607 Melton Terrace was built in 1977 and last sold on Oct 30, 2020 for $127,000.
How much is this home worth?
The estimated value of the home located at 607 Melton Terrace is $0.
What are some comparable homes to 607 Melton Terrace?
There are currently no comparable homes to 607 Melton Terrace.
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