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Flagler 32137
61 NORTHSHORE Drive
$1,562,500
● House - Off Market

61 NORTHSHORE Drive

Palm Coast, FL 32137
bedrooms
4 Beds
bathrooms
7 Baths, 2 Half Baths
square feet
6,505 Ft²
$2,620,599
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

This stunning trophy home in Ocean Hammock  is ready for someone who truly appreciates fine living. This magnificent and stately home is perfect as a winter home or retreat providing spa, beach and golf lifestyles all in one. Just a few of the features of this home include a media room, elevator, widow's walk 4th floor patio, master suite like no other, full wet bar off of the pool area and much more. Designed and built by the current owners, the WOW factor of this home will take your breath away. A golf cart is all you will need to enjoy this beach-golf lifestyle. The audio video equipment is brand new and stays for the new owner's enjoyment including in-ceiling hidden speakers, Control 4 Home Automation system and pre-wired for a player piano. Wrap around views stun and amaze every day day
Unit Size
6,505 Ft²
Days on Market
-
Land Size
-
Price per sqft
$257
Property Type
House
Property Taxes
-
HOA Dues
$130
Year Built
2008

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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: 2 years ago (Real MLS #813112)

Price History

Date / Event Date Event Price
Feb 21, 2018 Sold
Premium
Sold
Jan 18, 2016 Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY $1,675,000
Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY
Dec 23, 2003 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 400
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 25,134
  • Total Building Area: 9,713
  • Gross Building Area: 9,713
  • Building Area: 6,504
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 6,504
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHSHORE PLAT 3
  • Land Acres: 0000000577
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: NORTHSHORE PLAT 3 LOT 14 OR 755 PG 695 OR 1023 PG 781 OR 2260/1902

Neighborhood

  • School District Name: Flagler County School District
  • Census Tract: 060106

Zoning

  • Zoning: PUD

Geography

  • Parcel: 04-11-31-3603-00000-0140
  • Lot: 14
  • Meridian: SEC 04 TWN 11S RNG 31E
  • Municipality: HAMMOCK DUNES CDD AREA
  • Latitude: 29.6122
  • Longitude: -81.1926

    Address

  • Full Address: 61 Northshore Dr
  • Address - House Number: 61
  • Address - Street Name: Northshore
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Palm Coast
  • Carrier Code: R017
  • 4-Digit Zip Code: 0308
  • Zip Code: 32137

Valuation

    Tax

  • Total Area: 9,713
  • Tax Year: 2022
  • Tax Amount: $2,605,140
  • Tax Rate Code Area: 071

    Appraisal Valuation

  • Standard Deviation: 0.4725
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 5
  • Final Value: 2,306,176
  • High Value: 3,395,899
  • Low Value: 1,216,452

    Market Valuation

  • Market Total Value: $2,012,286
  • Market Land Value: $550,000
  • Market Improvement Value: $1,462,286

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,012,286
  • Assessed Land Value: $550,000
  • Assessed Improvements Value: $1,462,286

    Sales

  • Current Sale Contract Date: Feb 16, 2018
  • Current Sale Recording Date: Feb 21, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018006414
  • Previous Sale Recording Date: Dec 23, 2003
  • Previous Sale Contract Date: Dec 05, 2003
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Flagler

Stats & Trends

Median Asking:

$379,850

Sale Price/ft²

$201

Below Asking

0.03%

Average Days on Market

90

Average Home Size

2058 ft²

Average Home Age

15.3 years

Currently For Sale

1537 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 2 Cheyenne Court, PALM COAST, FL, 32137

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,604 ft²
2 Cheyenne Court, PALM COAST, FL, 32137 Listing by Raenell Wilkison
Unit for rent at 190 Riverview Bend S, PALM COAST, FL, 32137

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,636 ft²
190 Riverview Bend S #1012, PALM COAST, FL, 32137 Listing by Marina Nikomarova

Rentals Near You

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

Listed by: Janie Coffey, FIRST COAST SOTHEBYS INTERNATIONAL REALTY
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 813112
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 61 Northshore Drive built and last sold?
The property at 61 Northshore Drive was built in 2008 and last sold on Feb 16, 2018 for $1,562,500.
How much is this home worth?
The estimated value of the home located at 61 Northshore Drive is $1,674,990.
What are some comparable homes to 61 Northshore Drive?
There are currently no comparable homes to 61 Northshore Drive.
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