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Putnam 32177
718 CEDAR CREEK Road
$115,000
● Land - Off Market

718 CEDAR CREEK Road

Palatka, FL 32177
bedrooms
Studio
bathrooms
0 Bath
$175,507
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

115 ft on the St. Johns river. CLEARED WATERFRONT LOT  with a dock and covered boat lift!  Located on a paved road, this 1.69 acres is navigable on St Johns River to the ocean!   Dock needs repairs.  Lot contains septic and well, but have been capped.
Unit Size
-
Days on Market
-
Land Size
1.69 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1974

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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 #977608)

Price History

Date / Event Date Event Price
Oct 6, 2021 Sold
Premium
Sold
Jun 30, 2021 Sold
Premium
Sold
Feb 1, 2019 Listed by UNITED REAL ESTATE GALLERY $150,000
Listed by UNITED REAL ESTATE GALLERY
Jun 5, 2006 Sold
Premium
Sold
May 19, 2006 Listed by UNITED REAL ESTATE GALLERY $407,500
Listed by UNITED REAL ESTATE GALLERY
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1983
  • 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: 2
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 200
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 73,616
  • Lot Size Depth Feet: 7,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,288
  • Gross Building Area: 1,288
  • Building Area: 2,208
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,208
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDAR CREEK
  • Land Acres: 0000001690
  • Standard Land Use Code: 1006
  • County Land Use Code: 02
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: CEDAR CREEK MB4 P129 W1/2 OF LOT 10 OR130 P562

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950100

Geography

  • Account Number: 3054
  • Parcel: 15-08-27-1340-0000-0101
  • Lot: 10.1
  • Meridian: SEC 15 TWN 08S RNG 27E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.8069
  • Longitude: -81.5836

    Address

  • Full Address: 718 Cedar Creek Rd
  • Address - House Number: 718
  • Address - Street Name: Cedar Creek
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Palatka
  • Carrier Code: R002
  • 4-Digit Zip Code: 6923
  • Zip Code: 32177

Valuation

    Tax

  • Total Area: 1,720
  • Tax Year: 2023
  • Tax Amount: $205,808
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 125,097
  • High Value: 183,075
  • Low Value: 67,118

    Market Valuation

  • Market Total Value: $125,850
  • Market Land Value: $124,500
  • Market Improvement Value: $1,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,850
  • Assessed Land Value: $124,500
  • Assessed Improvements Value: $1,350

    Sales

  • Current Sale Contract Date: Jun 25, 2021
  • Current Sale Recording Date: Oct 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202154023087
  • Previous Sale Recording Date: Jun 05, 2006
  • Previous Sale Contract Date: May 19, 2006
  • Previous Sale Amount: $407,500
  • 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 Putnam

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$189

Below Asking

0.04%

Average Days on Market

96

Average Home Size

1759 ft²

Average Home Age

45.1 years

Currently For Sale

297 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

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Real MLS

Listed by: MARC JERNIGAN, UNITED REAL ESTATE GALLERY
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 977608
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 718 Cedar Creek Road built and last sold?
The property at 718 Cedar Creek Road was built in 1974 and last sold on Jun 25, 2021 for $115,000.
How much is this home worth?
The estimated value of the home located at 718 Cedar Creek Road is $0.
What are some comparable homes to 718 Cedar Creek Road?
There are currently no comparable homes to 718 Cedar Creek Road.
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