$35,000
●
Mobile Manufactured -
Off Market
757 SAN MATEO ROAD
SATSUMA, FL 32189
3 Beds
1 Bath
540 Ft²
$355
Est. Monthly
41.97%
Cap Rate
About This Property
This mobile home, with two bedrooms, one bathroom, & a bonus room,
presents a unique opportunity for someone with a vision. The two
bedrooms are modest in size, though each offers enough space for a
bed and basic furniture. The floors are damaged that will require
attention. The bathroom, while functional, is outdated and in need
of new fixtures, tiles, and some plumbing work. It has the basic
layout: a shower, toilet, & sink, but everything feels tired and
worn. The bonus room, an extra feature to the home, could be a
small office, playroom, or additional living space. The overall
interior of the home has a lot of potential, but it's in need of
significant work. Shed in back needs new roof and has some
furnishings.
Unit Size
540 Ft²
Days on Market
33 days
Land Size
0.23 acres
Price per sqft
$100
Property Type
Mobile Manufactured
Property Taxes
$90
HOA Dues
-
Year Built
1968
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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 (Stellar MLS #TB8373694)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 14, 2025 | Sold | ||
| Sold | |||
| Apr 14, 2025 | In contract | - | |
| In contract | |||
| Apr 11, 2025 | Listed by DUCK REALTY INC | $53,900 | |
| Listed by DUCK REALTY INC | |||
| Mar 4, 2025 | Price Decreased |
$53,900
↓ $6K
(10.2%) | |
| Price Decreased | |||
| Jan 23, 2025 | Listed by DUCK REALTY INC | $60,000 | |
| Listed by DUCK REALTY INC | |||
| | |||
|
This modestly sized 3-bedroom, 2-bathroom mobile home is full of opportunity for the right buyer. Whether you're an investor or a DIY enthusiast, this home is ready for your personal touch. The layout offers a comfortable flow with plenty of natural light and each barroom provides ample space. While the floors do require attention, this home is the perfect blank canvas for your vision. Situated in a quiet community, it's an ideal project for someone looking to build equity or create their dream space on a budget. Outside, the lot provides space for gardening, relaxing, or creating a cozy outdoor oasis. Affordable and full of potential, this home is a true diamond in the rough—come see the opportunity for yourself!
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Property Highlights
Garage
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
Price/ft²
Price/ft²
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Listed On
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Sold On
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HOA + Taxes
About Putnam
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Listed by: Tina Duck
DUCK REALTY INC
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# TB8373694
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.
DUCK REALTY INC
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# TB8373694
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017