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Sugarmill Woods 34461
7381 S Kirk POINT
$50,000
● Land - Off Market

7381 S Kirk POINT

LECANTO, FL 34461
bedrooms
Studio
bathrooms
0 Bath
$301
Est. Monthly
22.75%
Cap Rate

About This Property

DREAM HOME OR OFF-GRID! This beautiful 1.9 acre wooded lot just south of Lecanto, FL is just a few hundred yards to the Withlacoochee State Forest and ready for you to build your perfect dream home or just a cabin for a getaway.

Land is zoned RUR-MH. Rural allowing mobile homes.
Unit Size
-
Days on Market
102 days
Land Size
1.90 acres
Price per sqft
-
Property Type
Land
Property Taxes
$21
HOA Dues
-
Year Built
-

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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: 3 years ago (Stellar MLS #U8225518)

Price History

Date / Event Date Event Price
Apr 19, 2024 Sold
Premium
Sold
Apr 5, 2024 In contract -
In contract
Mar 22, 2024 Price Decreased $56,900
↓ $3K (5%)
Price Decreased
Jan 8, 2024 Listed by CENTURY 21 RE CHAMPIONS $59,900
Listed by CENTURY 21 RE CHAMPIONS
Aug 22, 2006 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 82,932
  • Lot Size Depth Feet: 3,010
  • Lot Size Frontage Feet: 2,480
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: ROVAN FARMS (SEC 11)
  • Land Acres: 0000001904
  • Standard Land Use Code: 8001
  • County Land Use Code: 0008
  • Legal Description 1: W1/2 OF FOLL DESC PROP: COM AT NW COR SE1/4 OF SECT 11-20-18 TH S 0DEG 32M 27S E 1914.70 FT TO POB TH CONT S 0DEG 32M 27S E ALG W LN 248 FT TH N 89DEG 30M 10S E 665.60 FT TH N 0DEG 29M 18S W 248 FT TH S 89DEG 30M 10S W 665.83 FT TO POB LESS W 31.50 F

Neighborhood

  • School District Name: Citrus County School District
  • School Tax School District: 0000
  • Census Tract: 451603

Zoning

  • Zoning: RURMH

Geography

  • Account Number: 1521700
  • Parcel: 18E-20S-11-0000-1A130-00C0
  • Block: 1A130
  • Lot: C0
  • Meridian: SEC 11 TWN 20S RNG 18E
  • Municipality: COASTAL RIVERS BASIN
  • Latitude: 28.7549
  • Longitude: -82.4761

    Address

  • Full Address: 7381 S Kirk Pt
  • Address - House Number: 7381
  • Street Direction: S
  • Address - Street Name: Kirk
  • Address - Suffix Type: Pt
  • State: FL
  • City Name: Lecanto
  • Carrier Code: H008
  • 4-Digit Zip Code: 9143
  • Zip Code: 34461

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $25,732
  • Tax Rate Code Area: 0000

    Market Valuation

  • Market Total Value: $20,560
  • Market Land Value: $20,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,560
  • Assessed Land Value: $20,560

    Sales

  • Current Sale Contract Date: Aug 21, 2006
  • Current Sale Recording Date: Aug 22, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2006058590
  • Previous Sale Recording Date: Dec 11, 2001
  • Previous Sale Contract Date: Nov 30, 2001
  • Previous Sale Amount: $4,500
  • 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 Sugarmill Woods

Stats & Trends

Median Asking:

$335,990

Sale Price/ft²

$163

Below Asking

0.04%

Average Days on Market

86

Average Home Size

2157 ft²

Average Home Age

22 years

Currently For Sale

178 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

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Netti Salm
CENTURY 21 RE CHAMPIONS
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# U8225518
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. Information is deemed reliable but not guaranteed. 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 7381 South Kirk Point built and last sold?
The property at 7381 South Kirk Point was built in and last sold on Aug 21, 2006 for $25,000.
How much is this home worth?
The estimated value of the home located at 7381 South Kirk Point is $0.
What are some comparable homes to 7381 South Kirk Point?
There are currently no comparable homes to 7381 South Kirk Point.
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