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Clay 32656
6461 BAKER Road
$490,000
● House - Off Market

6461 BAKER Road

Melrose, FL 32656
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,463 Ft²
$764,946
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Spacious, Open & Light best describes this beautiful brick lakefront home situated directly on the clear water shore of Lake Hutchinson. This extraordinary custom home offers 3463 sq ft of living area with a vaulted entry, four bedroom, 3 1/2 baths, a gourmet kitchen featuring commercial grade Viking gas range, stainless steel oven and farmhouse apron sink, fireplace, luxury master suite with a huge deck with awesome views across the lake. Storage for the toys include a five car garage (two attached, three detached), winding circular drive all on almost 2 acres of land. Full house Generac generator. Your opportunity to enjoy luxury living and a piece of paradise at an affordable price. (WH-301)
Unit Size
3,463 Ft²
Days on Market
-
Land Size
-
Price per sqft
$152
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
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 #1020784)

Price History

Date / Event Date Event Price
Jan 15, 2020 Sold
Premium
Sold
Oct 16, 2019 Listed by CB ISAAC REALTY $525,000
Listed by CB ISAAC REALTY
Jun 29, 2016 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 1,242
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 81,413
  • Lot Size Depth Feet: 5,430
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 4,605
  • Gross Building Area: 4,605
  • Building Area: 3,463
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,463
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KEYSTONE HEIGHTS
  • Land Acres: 0000001869
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: PT SW1/4 AS REC OR 4269 PG 2191

Neighborhood

  • School District Name: Clay County School District
  • Census Tract: 031104

Geography

  • Assessors Map Reference: MAP 169.00
  • Parcel: 32-08-23-004903-000-00
  • Meridian: SEC 32 TWN 08S RNG 23E
  • Municipality: UNINCORPORATED
  • Latitude: 29.7492
  • Longitude: -82.0225

    Address

  • Full Address: 6461 Baker Rd
  • Address - House Number: 6461
  • Address - Street Name: Baker
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Keystone Heights
  • Carrier Code: R005
  • 4-Digit Zip Code: 8674
  • Zip Code: 32656

Valuation

    Tax

  • Total Area: 4,605
  • Tax Year: 2022
  • Tax Amount: $607,271
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1654
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 79
  • Final Value: 667,434
  • High Value: 777,886
  • Low Value: 556,983

    Market Valuation

  • Market Total Value: $507,625
  • Market Land Value: $39,600
  • Market Improvement Value: $468,025

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $424,698

    Sales

  • Current Sale Contract Date: Jan 15, 2020
  • Current Sale Recording Date: Jan 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020002697
  • Previous Sale Recording Date: Jun 29, 2016
  • Previous Sale Contract Date: Jun 23, 2016
  • Previous Sale Amount: $415,000
  • 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 Clay

Stats & Trends

Median Asking:

$354,500

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

77

Average Home Size

2021 ft²

Average Home Age

21.2 years

Currently For Sale

1055 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 7892 Breezy Point Road W, MELROSE, FL, 32666

$1,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,248 ft²
7892 Breezy Point Road W, MELROSE, FL, 32666 Listing by Trey Fields, III

Rentals Near You

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

Listed by: NELDA HOFFMEYER, CB ISAAC REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1020784
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 6461 Baker Road built and last sold?
The property at 6461 Baker Road was built in 1991 and last sold on Jan 15, 2020 for $490,000.
How much is this home worth?
The estimated value of the home located at 6461 Baker Road is $0.
What are some comparable homes to 6461 Baker Road?
There are currently no comparable homes to 6461 Baker Road.
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