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Putnam 32131
751 State Road 207
$699,900
● Land - Off Market

751 State Road 207

East Palatka, FL 32131
bedrooms
Studio
bathrooms
0 Bath
$3,437
Est. Monthly

About This Property

11.50 +/- acres, zoned AG, with over 1,000 ft of frontage on SR 207. Lot is triangular in shape.
Unit Size
-
Days on Market
-
Land Size
11.43 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

Payment Calculator

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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 #291969)

Price History

Date / Event Date Event Price
Dec 28, 2022 Sold
Premium
Sold
Mar 27, 2018 Listed by COLDWELL BANKER BEN BATES INC $399,000
Listed by COLDWELL BANKER BEN BATES INC
Approximately 11.5 acres at the corner of Rector Rd & heavily traveled SR 207. Over 1,100 ft of road frontage. Property is zoned agriculture & has potential for public water. Property also has a man-made pond.
Mar 22, 2006 Listed by COLDWELL BANKER BEN BATES INC $699,900
Listed by COLDWELL BANKER BEN BATES INC
Nov 7, 2003 Sold
Premium
Sold
Apr 18, 2003 Listed by COLDWELL BANKER BEN BATES INC $149,900
Listed by COLDWELL BANKER BEN BATES INC

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

    Dimensions

  • Lot Size Square Feet: 497,891
  • 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: MRS HOLLINGSWORTH
  • Land Acres: 0000011430
  • Standard Land Use Code: 8000
  • County Land Use Code: 00700
  • State Land Use Code: 07
  • Legal Description 1: PT OF GOVT LOTS 1 & 2 BK119 P261 (EX OR794 P1135 SR 207)

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 951000

Geography

  • Account Number: 73817
  • Parcel: 24-09-27-0000-0080-0000
  • Lot: 1
  • Meridian: SEC 24 TWN 09S RNG 27E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.7078
  • Longitude: -81.5385

    Address

  • Full Address: 751 State Road 207
  • Address - House Number: 751
  • Address - Street Name: State Road 207
  • State: FL
  • City Name: East Palatka
  • Zip Code: 32131

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $224,304
  • Tax Rate Code Area: 000

    Market Valuation

  • Market Total Value: $137,160
  • Market Land Value: $137,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $137,160
  • Assessed Land Value: $137,160

    Sales

  • Current Sale Contract Date: Dec 28, 2022
  • Current Sale Recording Date: Dec 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 30260
  • Previous Sale Recording Date: Nov 07, 2003
  • Previous Sale Contract Date: Nov 07, 2003
  • Previous Sale Amount: $130,000
  • 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:

$275,000

Sale Price/ft²

$190

Below Asking

0.04%

Average Days on Market

97

Average Home Size

1767 ft²

Average Home Age

45.1 years

Currently For Sale

293 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 614 Hannah Street, Hastings, FL, 32145

$1,695 /mo

  • 3 Beds
  • 2 Baths
  • 1,197 ft²
614 Hannah Street, Hastings, FL, 32145 Listing by BRIAN CORCORAN

Rentals Near You

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

Listed by: MARC SPALDING, COLDWELL BANKER BEN BATES INC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 291969
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 751 State Rd 207 built and last sold?
The property at 751 State Rd 207 was built in and last sold on Dec 28, 2022 for $310,000.
How much is this home worth?
The estimated value of the home located at 751 State Rd 207 is $402,990.
What are some comparable homes to 751 State Rd 207?
There are currently no comparable homes to 751 State Rd 207.
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