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Putnam 32177
7334 OLD WOLF BAY Road
$225,000
● House - Off Market

7334 OLD WOLF BAY Road

Palatka, FL 32177
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,553 Ft²
$258,375
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Location! Location! This 2BR/2BA brick home sits on .71 ac in the community of Francis, just outside the city limits of Palatka.  Fully fenced with front and rear screened porches, paved road frontage, metal roof, covered RV parking, storage shed, and all brick home. Close to hospital and area shopping.
Unit Size
1,553 Ft²
Days on Market
84 days
Land Size
-
Price per sqft
$161
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1994

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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: 7 months ago (Real MLS #1173787)

Price History

Date / Event Date Event Price
Sep 2, 2022 Sold
Premium
Sold
Jun 6, 2022 Listed by FLORIDA HOMES REALTY & MTG LLC $249,900
Listed by FLORIDA HOMES REALTY & MTG LLC
Mar 20, 2009 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • 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: 92
  • Porch Type: 53
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,928
  • Total Building Area: 1,553
  • Gross Building Area: 1,553
  • Building Area: 1,553
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 1,553
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000710
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: PT OF SE1/4 OF NW1/4 OR199, P6

Neighborhood

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

Geography

  • Account Number: 79112
  • Parcel: 09-10-26-0000-0112-0000
  • Meridian: SEC 09 TWN 10S RNG 26E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.6413
  • Longitude: -81.7076

    Address

  • Full Address: 7334 Old Wolf Bay Rd
  • Address - House Number: 7334
  • Address - Street Name: Old Wolf Bay
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Palatka
  • Carrier Code: R004
  • 4-Digit Zip Code: 6814
  • Zip Code: 32177

Valuation

    Tax

  • Total Area: 1,846
  • Tax Year: 2023
  • Tax Amount: $394,072

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 217,076
  • High Value: 317,683
  • Low Value: 116,468

    Market Valuation

  • Market Total Value: $225,380
  • Market Land Value: $10,650
  • Market Improvement Value: $214,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,380
  • Assessed Land Value: $10,650
  • Assessed Improvements Value: $214,730

    Sales

  • Current Sale Contract Date: Aug 30, 2022
  • Current Sale Recording Date: Sep 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21818
  • Previous Sale Recording Date: Mar 20, 2009
  • Previous Sale Contract Date: Feb 11, 2009
  • Previous Sale Amount: $29,625
  • Previous Sale Document Type: 40
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

97

Average Home Size

1769 ft²

Average Home Age

45.4 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: BRENDA BOND, FLORIDA HOMES REALTY & MTG LLC
Last Updated: 7 months ago
Data Source: Real MLS, MLS# 1173787
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 7334 Old Wolf Bay Road built and last sold?
The property at 7334 Old Wolf Bay Road was built in 1994 and last sold on Aug 30, 2022 for $225,000.
How much is this home worth?
The estimated value of the home located at 7334 Old Wolf Bay Road is $0.
What are some comparable homes to 7334 Old Wolf Bay Road?
There are currently no comparable homes to 7334 Old Wolf Bay Road.
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