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Putnam 32148
618 MICHAEL Avenue
$57,500
● Mobile Manufactured - Off Market

618 MICHAEL Avenue

Interlachen, FL 32148
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,074 Ft²
$84,109
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Beautiful Manufactured home on 0.43 Acres . Wheelchair ramps on both the front and back. This home is a 2 bed 2 bath with a bonus room and a large Florida Room on the front. Large mature oak trees, 3 storage sheds-1 with a lean to for your boat, and 2 chicken coops. Chain link fenced on 3 sides. Central AC is about 4 yrs old. Septic and drainfield only 1 year old.
Unit Size
1,074 Ft²
Days on Market
-
Land Size
-
Price per sqft
$59
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1996

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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: 3 years ago (Real MLS #1074651)

Price History

Date / Event Date Event Price
Oct 30, 2020 Sold
Premium
Sold
Sep 23, 2020 Listed by INTERLACHEN REALTY SERVICES, INC $62,900
Listed by INTERLACHEN REALTY SERVICES, INC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2001
  • 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: 0
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 924
  • Gross Building Area: 924
  • Building Area: 924
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 924
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INTERLACHEN LAKES ESTATES
  • Land Acres: 0000000430
  • Standard Land Use Code: 1006
  • County Land Use Code: 00200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: INTERLACHEN LAKES ESTATES FREDERICK TOWN UNIT 17 MB5 P27 BLK 127 LOTS 26 27

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950201

Geography

  • Account Number: 25598
  • Parcel: 25-09-24-4076-1270-0260
  • Block: 127
  • Lot: 26
  • Meridian: SEC 25 TWN 09S RNG 24E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.6881
  • Longitude: -81.8595

    Address

  • Full Address: 618 Michael Ave
  • Address - House Number: 618
  • Address - Street Name: Michael
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Interlachen
  • Carrier Code: R001
  • 4-Digit Zip Code: 4766
  • Zip Code: 32148

Valuation

    Tax

  • Total Area: 1,234
  • Tax Year: 2023
  • Tax Amount: $126,760
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 65,487
  • High Value: 95,838
  • Low Value: 35,135

    Market Valuation

  • Market Total Value: $75,040
  • Market Land Value: $5,880
  • Market Improvement Value: $69,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,040
  • Assessed Land Value: $5,880
  • Assessed Improvements Value: $69,160

    Sales

  • Current Sale Contract Date: Oct 29, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202054019835
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:

$279,250

Sale Price/ft²

$189

Below Asking

0.03%

Average Days on Market

75

Average Home Size

1774 ft²

Average Home Age

46.2 years

Currently For Sale

412 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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Real MLS

Listed by: JENNIFER R BROWN, INTERLACHEN REALTY SERVICES, INC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1074651
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 618 Michael Avenue built and last sold?
The property at 618 Michael Avenue was built in 1996 and last sold on Oct 29, 2020 for $57,500.
How much is this home worth?
The estimated value of the home located at 618 Michael Avenue is $0.
What are some comparable homes to 618 Michael Avenue?
There are currently no comparable homes to 618 Michael Avenue.
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