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Putnam 32177
7331 OLD WOLF BAY Road
$155,000
● Mobile Manufactured - Off Market

7331 OLD WOLF BAY Road

Palatka, FL 32177
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,440 Ft²
$157,733
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Plenty of room Inside & Out! Located on a gorgeous 2.25+/- acre lot in the Francis area, this spacious 3BR, 2BA home features an open floor plan and nice screened porch.  Large kitchen includes a pass-thru counter for bar stool seating, and a separate dining area. Master bedroom has a large master bathroom with a garden tub. Inside laundry room & two outside storage sheds. This property is zoned Ag and has beautiful shade trees. Nicely located on paved road, close to shopping, park, hospital, college and schools.
Unit Size
1,440 Ft²
Days on Market
117 days
Land Size
-
Price per sqft
$103
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1983

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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 #1190983)

Price History

Date / Event Date Event Price
Jan 5, 2023 Sold
Premium
Sold
Sep 9, 2022 Listed by COLDWELL BANKER BEN BATES INC $149,000
Listed by COLDWELL BANKER BEN BATES INC

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • 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: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 98,010
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 2,728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,728
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002250
  • Standard Land Use Code: 1006
  • County Land Use Code: 00200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: PT OF NW1/4 OF NE1/4 OF SW1/4 BK224 P464 OR393 P1320

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950600

Geography

  • Account Number: 79197
  • Parcel: 09-10-26-0000-0440-0000
  • Meridian: SEC 09 TWN 10S RNG 26E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.6403
  • Longitude: -81.7072

    Address

  • Full Address: 7331 Old Wolf Bay Rd
  • Address - House Number: 7331
  • Address - Street Name: Old Wolf Bay
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Palatka
  • Carrier Code: R004
  • 4-Digit Zip Code: 6813
  • Zip Code: 32177

Valuation

    Tax

  • Total Area: 1,440
  • Tax Year: 2023
  • Tax Amount: $257,526
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 97,005
  • High Value: 141,963
  • Low Value: 52,046

    Market Valuation

  • Market Total Value: $126,290
  • Market Land Value: $33,750
  • Market Improvement Value: $92,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,290
  • Assessed Land Value: $33,750
  • Assessed Improvements Value: $92,540

    Sales

  • Current Sale Contract Date: Dec 30, 2022
  • Current Sale Recording Date: Jan 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 258
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:

$279,700

Sale Price/ft²

$189

Below Asking

0.03%

Average Days on Market

75

Average Home Size

1771 ft²

Average Home Age

45.9 years

Currently For Sale

413 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: JENNIFER FORTNER, COLDWELL BANKER BEN BATES INC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1190983
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 7331 Old Wolf Bay Road built and last sold?
The property at 7331 Old Wolf Bay Road was built in 1983 and last sold on Dec 30, 2022 for $155,000.
How much is this home worth?
The estimated value of the home located at 7331 Old Wolf Bay Road is $0.
What are some comparable homes to 7331 Old Wolf Bay Road?
There are currently no comparable homes to 7331 Old Wolf Bay Road.
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