$244,900
●
House -
Off Market
640 Old Highway 17
Crescent City, FL 32112
4 Beds
3 Baths
2,326 Ft²
$460,808
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model
About This Property
This is a lakefront single family residence with a guest house
located on Crescent Lake. Main home is 3 bedroom 2 bathroom 1542
sqft that features hard wood floors, a wood burning fireplace, an
enclosed porch that features glass doors the whole length of the
wall, and a 3 bay detached garage for your car, RV and workshop.
The guest house is a quaint 1 bedroom 1 bathroom 784 sqft suite
built in 2000, perfect for your in laws or guests, far enough from
the main house for privacy. Both homes are situated lakeside on
7.80 acres. Property also has a very long dock with a boat house
for those warm summer nights. Property being sold As-is. This is a
Fannie Mae HomePath Property.
Unit Size
2,326 Ft²
Days on Market
69 days
Land Size
-
Price per sqft
$110
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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: 10 months ago (Real MLS #754209)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 21, 2020 | Sold | ||
| Sold | |||
| Feb 12, 2020 | Listed by REALTY EXCHANGE LLC | $589,000 | |
| Listed by REALTY EXCHANGE LLC | |||
| Apr 2, 2015 | Sold | ||
| Sold | |||
| Jan 21, 2015 | Listed by REALTY EXCHANGE LLC | $254,900 | |
| Listed by REALTY EXCHANGE LLC | |||
| Oct 22, 2014 | Listed by REALTY EXCHANGE LLC | $254,900 | |
| Listed by REALTY EXCHANGE LLC | |||
| | |||
|
This is a lakefront single family residence with a guest house located on Crescent Lake. Main home is 3 bedroom 2 bathroom 1542 sqft that features hard wood floors, a wood burning fireplace, an enclosed porch that features glass doors the whole length of the wall, and a 3 bay detached garage for your car, RV and workshop. The guest house is a quaint 1 bedroom 1 bathroom 784 sqft suite built in 2000, perfect for your in laws or guests, far enough from the main house for privacy. Both homes are situated lakeside on 7.80 acres. Property also has a very long dock with a boat house for those warm summer nights. Property being sold As-is. This is a Fannie Mae HomePath Property.
| |||
Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Putnam
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Listed by: DAVID PETKOVSEK, REALTY EXCHANGE LLC
Last Updated: 10 months ago
Data Source: Real MLS, MLS# 754209
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.
Last Updated: 10 months ago
Data Source: Real MLS, MLS# 754209
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