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Starke 32091
700 Faxon Lane
$85,000
● Mobile Manufactured - Off Market

700 Faxon Lane

Starke, FL 32091
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,512 Ft²
$144,819
RealtyHop Estimate
70.58%
Since Apr 1, 2007
National-US
Primary Model

About This Property

Large mobile home with split floor plan located on over 1 acre just outside of town.
Unit Size
1,512 Ft²
Days on Market
-
Land Size
-
Price per sqft
$56
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1989

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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 #356213)

Price History

Date / Event Date Event Price
May 24, 2022 Sold
Premium
Sold
Mar 28, 2007 Sold
Premium
Sold
Mar 1, 2007 Listed by AMERICAN DREAM OF NORTHEAST FLORIDA $84,900
Listed by AMERICAN DREAM OF NORTHEAST FLORIDA

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 10
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,602
  • Total Building Area: 1,192
  • Gross Building Area: 1,192
  • Building Area: 792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 4
  • Heated Square Feet: 792
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000840
  • Standard Land Use Code: 1006
  • County Land Use Code: 0200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: 27 6S 22 COM AT NE COR OF NE1/4 OF NW1/4. S01*34'E 719.70' TO POB S01*34'E 160', N89*48'30"W 230.05', N01*34'W 158.29', RUN N89*46'E 230' TO POB. RP 347293

Neighborhood

  • School District Name: Bradford County School District
  • Census Tract: 000100

Geography

  • Parcel: 02839-0-00301
  • Meridian: SEC 27 TWN 06S RNG 22E
  • Municipality: STARKE
  • Latitude: 29.951
  • Longitude: -82.0905

    Address

  • Full Address: 700 Faxon Ln
  • Address - House Number: 700
  • Address - Street Name: Faxon
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Starke
  • Carrier Code: R005
  • 4-Digit Zip Code: 2002
  • Zip Code: 32091

Valuation

    Tax

  • Total Area: 927
  • Tax Year: 2023
  • Tax Amount: $57,355
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.4481
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 10
  • Final Value: 33,481
  • High Value: 48,484
  • Low Value: 18,477

    Market Valuation

  • Market Total Value: $27,814
  • Market Land Value: $20,000
  • Market Improvement Value: $7,814

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,814
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $7,814

    Sales

  • Current Sale Contract Date: May 13, 2022
  • Current Sale Recording Date: May 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5022
  • Previous Sale Recording Date: Mar 28, 2007
  • Previous Sale Contract Date: Mar 26, 2007
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: 68
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 Starke

Stats & Trends

Median Asking:

$232,000

Sale Price/ft²

$173

Below Asking

0.03%

Average Days on Market

71

Average Home Size

1742 ft²

Average Home Age

44.8 years

Currently For Sale

27 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: ADRIENNE M COLEY, AMERICAN DREAM OF NORTHEAST FLORIDA
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 356213
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 700 Faxon Lane built and last sold?
The property at 700 Faxon Lane was built in 1989 and last sold on May 13, 2022 for $30,000.
How much is this home worth?
The estimated value of the home located at 700 Faxon Lane is $97,008.
What are some comparable homes to 700 Faxon Lane?
There are currently no comparable homes to 700 Faxon Lane.
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