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Madison 32340
620 SE BOUNDARY Street
$67,839
● House - Off Market

620 SE BOUNDARY Street

Madison, FL 32340
bedrooms
3 Beds
bathrooms
1 Bath
square feet
970 Ft²
$71,969
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Single Family Home Located in Madison Florida.  This home is on .5 of an acre parcel.  One car garage.
Unit Size
970 Ft²
Days on Market
-
Land Size
-
Price per sqft
$70
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1991

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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 #1193940)

Price History

Date / Event Date Event Price
Dec 20, 2022 Sold
Premium
Sold
Sep 30, 2022 Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY $67,839
Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Property Highlights

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 312
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 1,352
  • Gross Building Area: 1,352
  • Building Area: 1,352
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 970
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAST GATE S/D
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 8800
  • State Land Use Code: 000100
  • Legal Description 1: EAST GATE S/D LOT #3 OR 277/348 OR 1001/255 OR 1002/280 OR 1001/317 OR 1455/18

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 110302

Geography

  • Assessors Map Reference: MAP 136-B
  • Parcel: 26-1N-09-4837-002-003
  • Lot: 3
  • Meridian: SEC 26 TWN 01N RNG 09E
  • Municipality: COUNTY
  • Latitude: 30.4651
  • Longitude: -83.3979

    Address

  • Full Address: 620 Se Boundary St
  • Address - House Number: 620
  • Street Direction: SE
  • Address - Street Name: Boundary
  • Address - Suffix Type: St
  • State: FL
  • City Name: Madison
  • Carrier Code: C002
  • 4-Digit Zip Code: 3027
  • Zip Code: 32340

Valuation

    Tax

  • Total Area: 1,113
  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.4765
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 4
  • Final Value: 111,455
  • High Value: 164,571
  • Low Value: 58,338

    Market Valuation

  • Market Total Value: $78,720
  • Market Land Value: $11,375
  • Market Improvement Value: $67,345

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $78,720
  • Assessed Land Value: $11,375
  • Assessed Improvements Value: $67,345

    Sales

  • Current Sale Contract Date: Dec 19, 2022
  • Current Sale Recording Date: Dec 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 40005437
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 Madison

Stats & Trends

Median Asking:

$135,000

Sale Price/ft²

$91

Below Asking

0.07%

Average Days on Market

33

Average Home Size

2673 ft²

Average Home Age

24.3 years

Currently For Sale

4 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: TRACEY PAULSEN, BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1193940
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 620 Southeast Boundary Street built and last sold?
The property at 620 Southeast Boundary Street was built in 1991 and last sold on Dec 19, 2022 for $67,839.
How much is this home worth?
The estimated value of the home located at 620 Southeast Boundary Street is $0.
What are some comparable homes to 620 Southeast Boundary Street?
There are currently no comparable homes to 620 Southeast Boundary Street.
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