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Palatka 32177
618 RIVER HIL Drive
$212,990
● House - Off Market

618 RIVER HIL Drive

Welaka, FL 32177
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,818 Ft²
$237,459
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
Unit Size
1,818 Ft²
Days on Market
-
Land Size
-
Price per sqft
$116
Property Type
House
Property Taxes
-
HOA Dues
$11
Year Built
1900

Payment Calculator

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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 #1106955)

Price History

Date / Event Date Event Price
Oct 21, 2021 Sold
Premium
Sold
Apr 27, 2021 Listed by WJH BROKERAGE FL LLC $210,990
Listed by WJH BROKERAGE FL LLC
Feb 14, 2017 Sold
Premium
Sold
Apr 21, 2016 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 53
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,185
  • Lot Size Depth Feet: 2,890
  • Lot Size Frontage Feet: 560
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DICKS
  • Land Acres: 0000000670
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: DICKS MAP OF PALATKA MB2 P46 BLK 49 N 56FT OF E 85FT OF LOT 3 & N 56FT OF LOT 6 BK122 P147 & PT OF WATER LOT 24 BK150 P377

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950800

Geography

  • Account Number: 42878
  • Parcel: 42-10-27-6850-0490-0033
  • Block: 49
  • Lot: 3.3
  • Meridian: SEC 42 TWN 10S RNG 27E
  • Municipality: PALATKA CITY - SOUTH HIST DIST
  • Latitude: 29.6419
  • Longitude: -81.6359

    Address

  • Full Address: 618 River St
  • Address - House Number: 618
  • Address - Street Name: River
  • Address - Suffix Type: St
  • State: FL
  • City Name: Palatka
  • Carrier Code: C020
  • 4-Digit Zip Code: 5235
  • Zip Code: 32177

Valuation

    Tax

  • Total Area: 2,620
  • Tax Year: 2023
  • Tax Amount: $1,116,781
  • Tax Rate Code Area: 017

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 228,233
  • High Value: 334,011
  • Low Value: 122,454

    Market Valuation

  • Market Total Value: $474,400
  • Market Land Value: $183,880
  • Market Improvement Value: $290,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $474,400
  • Assessed Land Value: $183,880
  • Assessed Improvements Value: $290,520

    Sales

  • Current Sale Contract Date: Jan 31, 2017
  • Current Sale Recording Date: Feb 14, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201754002653
  • Previous Sale Recording Date: Apr 21, 2016
  • Previous Sale Contract Date: Apr 15, 2016
  • Previous Sale Amount: $224,900
  • 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 Palatka

Stats & Trends

Median Asking:

$211,944

Sale Price/ft²

$157

Below Asking

0.04%

Average Days on Market

68

Average Home Size

1635 ft²

Average Home Age

64 years

Currently For Sale

66 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 1906 Roselle Avenue, Palatka, FL, 32177

$2,400 /mo

  • 4 Beds
  • 2 Baths
  • 1,000 ft²
1906 Roselle Avenue, Palatka, FL, 32177 Listing by STEVEN KOLENO

Rentals Near You

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

Listed by: KATHY JO BROOKS, WJH BROKERAGE FL LLC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1106955
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 Riv built and last sold?
The property at 618 Riv was built in 1900 and last sold on Jan 31, 2017 for $114,000.
How much is this home worth?
The estimated value of the home located at 618 Riv is $217,762.
What are some comparable homes to 618 Riv?
There are currently no comparable homes to 618 Riv.
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