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Clay 32656
7617 Oak Forest
$14,000
● Land - Off Market

7617 Oak Forest

Keystone Heights, FL 32656
bedrooms
Studio
bathrooms
0 Bath
$17,434
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Home building opportunity! Come drive by and take a look at this 1.25 acre property. The vacant lot is located in a residential neighborhood on Oak Forest Road. *Mobile homes are allowed* This lot is wooded, which offers the opportunity to have a beautiful native plants already on your property! It is a short one minute drive from the paved, Silver Sands Road. 10 minutes from the City of Keystone Heights offering restaurants, shopping, doctors offices and more! This residential lot has a lot of potential, come take a look at all the property has to offer. Exclusive Build.
Unit Size
-
Days on Market
-
Land Size
1.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$13
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 #GC443557)

Price History

Date / Event Date Event Price
Jun 29, 2021 Sold
Premium
Sold

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: 54,450
  • Lot Size Depth Feet: 3,300
  • Lot Size Frontage Feet: 1,650
  • 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: FLA FRONTIER UNIT 2
  • Land Acres: 0000001250
  • Standard Land Use Code: 8000
  • County Land Use Code: 000000
  • State Land Use Code: 00
  • Legal Description 1: LOT 5 BLK 22 FLA FRONTIER UNIT 2 AS REC OR 4475 PG 2033

Neighborhood

  • School District Name: Clay County School District
  • Census Tract: 031110

Geography

  • Assessors Map Reference: MAP 155.00
  • Parcel: 23-08-23-007800-182-00
  • Block: 22
  • Lot: 5
  • Meridian: SEC 23 TWN 08S RNG 23E
  • Municipality: UNINCORPORATED
  • Latitude: 29.7888
  • Longitude: -81.9717

    Address

  • Full Address: 7617 Oak Forest Rd
  • Legal Unit: IT2
  • Address - House Number: 7617
  • Address - Street Name: Oak Forest
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Keystone Heights
  • Carrier Code: R004
  • 4-Digit Zip Code: 8709
  • Zip Code: 32656

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,217
  • Tax Rate Code Area: 001

    Market Valuation

  • Market Total Value: $10,000
  • Market Land Value: $10,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,000
  • Assessed Land Value: $10,000

    Sales

  • Current Sale Contract Date: Jun 25, 2021
  • Current Sale Recording Date: Jun 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021040228
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 Clay

Stats & Trends

Median Asking:

$354,000

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

77

Average Home Size

2029 ft²

Average Home Age

21.1 years

Currently For Sale

1089 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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STELLAR

Listed by: Trey Fields
Century 21 Lakeside Realty
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# GC443557
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 7617 Oak Forest built and last sold?
The property at 7617 Oak Forest was built in and last sold on Jun 25, 2021 for $14,000.
How much is this home worth?
The estimated value of the home located at 7617 Oak Forest is $0.
What are some comparable homes to 7617 Oak Forest?
There are currently no comparable homes to 7617 Oak Forest.
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