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Putnam
740 N STATE ROAD 21
$205,000
● House - Off Market

740 N STATE ROAD 21

Melrose, FL 32666
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,820 Ft²
$1,007
Est. Monthly

About This Property

Spacious home on 6 acres of land. This 3 bedroom 2 bath home was just remodeled and has 1820 sq ft of living space.  The home has a metal roof, chain link fence, and a rear porch. It has tile and laminate floors, a water softener and an instant hot water heater. Come and see!
Unit Size
1,820 Ft²
Days on Market
-
Land Size
-
Price per sqft
$113
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960

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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 #870806)

Price History

Date / Event Date Event Price
Aug 2, 2021 Sold
Premium
Sold
Apr 2, 2021 Listed by TREVOR WATERS REALTY, INC. $220,000
Listed by TREVOR WATERS REALTY, INC.
Mar 9, 2017 Listed by TREVOR WATERS REALTY, INC. $205,000
Listed by TREVOR WATERS REALTY, INC.
Dec 31, 2007 Sold
Premium
Sold
Jan 27, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • 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: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 265,280
  • Total Building Area: 1,820
  • Gross Building Area: 1,820
  • Building Area: 1,820
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 1,820
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DUDLEYS SURV WHITEHEAD & PILE
  • Land Acres: 0000006090
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: DUDLEYS SURVEY DB T P539 LOT 14 OR44 P485 (MAP SHEET 19B)

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950300

Geography

  • Account Number: 7201
  • Parcel: 19-09-23-2150-0000-0140
  • Lot: 14
  • Meridian: SEC 19 TWN 09S RNG 23E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.6957
  • Longitude: -82.04

    Address

  • Full Address: 740 N State Road 21
  • Address - House Number: 740
  • Street Direction: N
  • Address - Street Name: State Road 21
  • State: FL
  • City Name: Melrose
  • Carrier Code: R004
  • 4-Digit Zip Code: 4423
  • Zip Code: 32666

Valuation

    Tax

  • Total Area: 1,931
  • Tax Year: 2023
  • Tax Amount: $446,200
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 206,644
  • High Value: 302,416
  • Low Value: 110,871

    Market Valuation

  • Market Total Value: $270,540
  • Market Land Value: $66,990
  • Market Improvement Value: $203,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $270,540
  • Assessed Land Value: $66,990
  • Assessed Improvements Value: $203,550

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202154017197
  • Previous Sale Recording Date: Dec 31, 2007
  • Previous Sale Contract Date: Dec 28, 2007
  • Previous Sale Amount: $123,500
  • 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:

$275,400

Sale Price/ft²

$189

Below Asking

0.03%

Average Days on Market

75

Average Home Size

1773 ft²

Average Home Age

46.1 years

Currently For Sale

429 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

Unit for rent at 436 Se 4th Avenue, MELROSE, FL, 32666

$2,595 /mo

  • 3 Beds
  • 2 Baths
  • 2,945 ft²
436 Se 4th Avenue, MELROSE, FL, 32666 Listing by Jessica Williams

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: TREVOR WATERS, TREVOR WATERS REALTY, INC.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 870806
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 740 North State Rd 21 built and last sold?
The property at 740 North State Rd 21 was built in 1960 and last sold on Jul 29, 2021 for $220,000.
How much is this home worth?
The estimated value of the home located at 740 North State Rd 21 is $0.
What are some comparable homes to 740 North State Rd 21?
There are currently no comparable homes to 740 North State Rd 21.
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