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Clay
8130 ALDERMAN Road
$237,600
● House - Off Market

8130 ALDERMAN Road

Melrose, FL 32666
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,712 Ft²
$431,865
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

GREAT HOME ON LAKE GENEVA. This 3 bedroom, 2 bath home was upgraded and remodeled in 2009 and 2010. Upgrades included remodeled kitchen with all new appliances, cabinets, sink and flooring, both bathrooms were remodeled, AC compressor replaced, new roof, new attic insulation, new water purifier, new water heater, lawn irrigation system and custom made bookshelves in the family room. Beautiful waterfront property on all purpose lake. Bring your boat. There's a dock, covered area for your boat and a solar powered boat lift. And, above the over sized 1 car garage there is a 1 bedroom apartment that is currently rented out on a month to month basis.  This is a very desirable area on Lake Geneva. You've got to check it out quickly before it's gone. Call to make your appointment today.
Unit Size
1,712 Ft²
Days on Market
-
Land Size
-
Price per sqft
$157
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948

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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 #876535)

Price History

Date / Event Date Event Price
Jun 15, 2017 Sold
Premium
Sold
Apr 12, 2017 Listed by UNITED REAL ESTATE GALLERY $269,000
Listed by UNITED REAL ESTATE GALLERY
Sep 16, 2009 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1987
  • Building Count: 2
  • Total Rooms: 4
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 520
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,997
  • Lot Size Depth Feet: 1,870
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 3,495
  • Gross Building Area: 3,495
  • Building Area: 2,336
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,336
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGEFIELD PARK 1
  • Land Acres: 0000000505
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 19 RIDGEFIELD PARK 1 & PTR/W AS REC OR 3983 PG 1762 & 4203 PG 841

Neighborhood

  • School District Name: Clay County School District
  • Census Tract: 031104

Zoning

  • Zoning: AR-2

Geography

  • Assessors Map Reference: MAP 167.00
  • Parcel: 31-08-23-004810-000-00
  • Lot: 19
  • Meridian: SEC 31 TWN 08S RNG 23E
  • Municipality: UNINCORPORATED
  • Latitude: 29.7584
  • Longitude: -82.0395

    Address

  • Full Address: 8130 Alderman Rd
  • Address - House Number: 8130
  • Address - Street Name: Alderman
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Melrose
  • Carrier Code: R003
  • 4-Digit Zip Code: 8818
  • Zip Code: 32666

Valuation

    Tax

  • Total Area: 3,495
  • Tax Year: 2022
  • Tax Amount: $410,464
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1848
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 402,441
  • High Value: 476,816
  • Low Value: 328,066

    Market Valuation

  • Market Total Value: $262,714
  • Market Land Value: $50,000
  • Market Improvement Value: $212,714

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $262,714
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $212,714

    Sales

  • Current Sale Contract Date: Jun 14, 2017
  • Current Sale Recording Date: Jun 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017030469
  • Previous Sale Recording Date: Sep 16, 2009
  • Previous Sale Contract Date: Sep 14, 2009
  • Previous Sale Amount: $275,000
  • 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 Clay

Stats & Trends

Median Asking:

$355,200

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

69

Average Home Size

2046 ft²

Average Home Age

21.7 years

Currently For Sale

1487 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

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Real MLS

Listed by: KAYDA FERRELL, UNITED REAL ESTATE GALLERY
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 876535
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 8130 Alderman Road built and last sold?
The property at 8130 Alderman Road was built in 1948 and last sold on Jun 14, 2017 for $237,600.
How much is this home worth?
The estimated value of the home located at 8130 Alderman Road is $0.
What are some comparable homes to 8130 Alderman Road?
There are currently no comparable homes to 8130 Alderman Road.
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