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Putnam
711 STATE RD 26
$134,900
● Mobile Manufactured - Off Market

711 STATE RD 26

Melrose, FL 32666
bedrooms
2 Beds
bathrooms
2 Baths
square feet
784 Ft²
$759
Est. Monthly
10.71%
Cap Rate

About This Property

Affordable living on 2.3 acres zoned AG in this 2/2 manufactured home on State Rd 26! This property backs up to University of Florida Swisher Preserve!  Bring your animals, start your garden or enjoy peaceful country living at a reasonable price!
Unit Size
784 Ft²
Days on Market
32 days
Land Size
2.32 acres
Price per sqft
$172
Property Type
Mobile Manufactured
Property Taxes
$96
HOA Dues
-
Year Built
1993

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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: 2 years ago (Real MLS #2075073)

Price History

Date / Event Date Event Price
Apr 13, 2025 Sold
Premium
Sold
Mar 25, 2025 Price Decreased $134,900
↓ $15K (10%)
Price Decreased
Mar 11, 2025 Listed by TEAM FLORIDA REALTY SERVICES INC $149,900
Listed by TEAM FLORIDA REALTY SERVICES INC
Nov 2, 2017 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 101,059
  • Total Building Area: 784
  • Gross Building Area: 784
  • Building Area: 784
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 784
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SERENA FARMS SUB
  • Land Acres: 0000002320
  • Standard Land Use Code: 1006
  • County Land Use Code: 00200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: SERENA FARMS S/D MB6 P66 LOT 4

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950300

Geography

  • Account Number: 61597
  • Parcel: 09-09-23-8490-0000-0040
  • Lot: 4
  • Meridian: SEC 09 TWN 09S RNG 23E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.7205
  • Longitude: -81.9976

    Address

  • Full Address: 711 State Road 26
  • Address - House Number: 711
  • Address - Street Name: State Road 26
  • State: FL
  • City Name: Melrose
  • Carrier Code: R001
  • 4-Digit Zip Code: 3139
  • Zip Code: 32666

Valuation

    Tax

  • Total Area: 784
  • Tax Year: 2023
  • Tax Amount: $108,452
  • Initial Tax Delinquent Year: 2017
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 47,326
  • High Value: 69,260
  • Low Value: 25,391

    Market Valuation

  • Market Total Value: $61,700
  • Market Land Value: $25,520
  • Market Improvement Value: $36,180

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,700
  • Assessed Land Value: $25,520
  • Assessed Improvements Value: $36,180

    Sales

  • Current Sale Contract Date: Oct 28, 2017
  • Current Sale Recording Date: Nov 02, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201754019169
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 Putnam

Stats & Trends

Median Asking:

$279,250

Sale Price/ft²

$189

Below Asking

0.03%

Average Days on Market

75

Average Home Size

1774 ft²

Average Home Age

46.2 years

Currently For Sale

412 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: MEICHELLE BUCK, TEAM FLORIDA REALTY SERVICES INC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2075073
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 711 State Rd 26 built and last sold?
The property at 711 State Rd 26 was built in 1993 and last sold on Oct 28, 2017 for $15,000.
How much is this home worth?
The estimated value of the home located at 711 State Rd 26 is $137,472.
What are some comparable homes to 711 State Rd 26?
There are currently no comparable homes to 711 State Rd 26.
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