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Clay 32656
7249 RIDGE TRAIL Road
$90,000
● Mobile Manufactured - Off Market

7249 RIDGE TRAIL Road

Keystone Heights, FL 32656
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,152 Ft²
$580
Est. Monthly

About This Property

Comfortable home on over an acre nestled between McRae and Florahome. Close to Palatka, Melrose and downtown Keystone Heights. Extra family room could serve as an office or 4th bedroom. Large covered front deck for morning coffee or evening relaxation. Large galley style kitchen has a closet pantry and breakfast nook with windows overlooking the private backyard. Living/dining combo and family room/den adds extra living space. Owner's suite has a large closet, two sinks, garden tub and separate shower. Home is being sold as is, where is.
Unit Size
1,152 Ft²
Days on Market
-
Land Size
-
Price per sqft
$102
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1997

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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: 2 years ago (Real MLS #1253917)

Price History

Date / Event Date Event Price
Mar 15, 2024 Sold
Premium
Sold
Oct 20, 2023 Listed by FLORIDA HOMES REALTY & MTG LLC $118,000
Listed by FLORIDA HOMES REALTY & MTG LLC
Oct 12, 2016 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 192
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,014
  • Lot Size Depth Feet: 3,600
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,632
  • Gross Building Area: 1,632
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK LAKE ESTATES
  • Land Acres: 0000001240
  • Standard Land Use Code: 1006
  • County Land Use Code: 0200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: LOT 3C OAK LAKE ESTATES AS REC OR 3905 PG 1182

Neighborhood

  • School District Name: Clay County School District
  • Census Tract: 031105

Zoning

  • Zoning: AR

Geography

  • Assessors Map Reference: MAP 353.00
  • Parcel: 15-08-24-007026-080-24
  • Lot: 3C
  • Meridian: SEC 15 TWN 08S RNG 24E
  • Municipality: UNINCORPORATED
  • Latitude: 29.7978
  • Longitude: -81.8946

    Address

  • Full Address: 7249 Ridge Trail Rd
  • Address - House Number: 7249
  • Address - Street Name: Ridge Trail
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Keystone Heights
  • Carrier Code: R007
  • 4-Digit Zip Code: 8568
  • Zip Code: 32656

Valuation

    Tax

  • Total Area: 1,632
  • Tax Year: 2022
  • Tax Amount: $59,950
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.0857
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 93
  • Final Value: 128,678
  • High Value: 139,717
  • Low Value: 117,639

    Market Valuation

  • Market Total Value: $75,662
  • Market Land Value: $12,400
  • Market Improvement Value: $63,262

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,364

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 16, 2016
  • Current Sale Recording Date: Oct 12, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016050304
  • Previous Sale Recording Date: Dec 03, 2014
  • Previous Sale Contract Date: Dec 01, 2014
  • Previous Sale Document Type: 69
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:

$352,990

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

77

Average Home Size

2021 ft²

Average Home Age

21 years

Currently For Sale

1087 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: MELISSA B PELLERITO, FLORIDA HOMES REALTY & MTG LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1253917
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 7249 Ridge Trail Road built and last sold?
The property at 7249 Ridge Trail Road was built in 1997 and last sold on Sep 16, 2016 for $45,900.
How much is this home worth?
The estimated value of the home located at 7249 Ridge Trail Road is $0.
What are some comparable homes to 7249 Ridge Trail Road?
There are currently no comparable homes to 7249 Ridge Trail Road.
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