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Alachua 32606
9878 NW 16th ROAD
$370,000
● House - Off Market

9878 NW 16th ROAD

Gainesville, FL 32606
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,957 Ft²
$420,024
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Located in the heart of Gainesville this Ellis Park 4 bedroom/3 bathroom with 3-way spilt floorplan and plenty of upgrades. The open kitchen offers stainless steel appliances, gas range, custom cabinetry, pantry, granite countertops with large island overlooking the dining area and family room. Home boasts coffered tray ceilings in family room with French doors opening to screened lanai. Primary bedroom has enhanced ceiling details and en suite bathroom with garden tub, double vanity and large walk-in closet. Secondary bedrooms feature Jack-n-Jill bathroom, separate laundry room, attic pull-down and fully fenced yard. Walking distance to Hidden Oak and Fort Clarke Middle School. The HOA amenities include front yard lawn maintenance, pool and playground.
Unit Size
1,957 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$189
Property Type
House
Property Taxes
$397
HOA Dues
$123
Year Built
2016

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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 #GC447006)

Price History

Date / Event Date Event Price
Oct 5, 2021 Sold
Premium
Sold
Aug 10, 2021 No longer available -
No longer available
Aug 7, 2021 Listed by Pepine Realty $370,000
Listed by Pepine Realty
Jun 6, 2017 Sold
Premium
Sold
Aug 30, 2016 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 27
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 2,377
  • Gross Building Area: 2,497
  • Building Area: 1,957
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,957
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELLIS PARK SUBDIVISION PHASE 3
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 001
  • Legal Description 1: ELLIS PARK SUBDIVISION PHASE 3 PB 29 PG 2 LOT 149 OR 4937/1553

Neighborhood

  • School District Name: Alachua County School District
  • Census Tract: 002204

Zoning

  • Zoning: PD

Geography

  • Parcel: 06308-030-149
  • Lot: 149
  • Meridian: SEC 31 TWN 09S RNG 19E
  • Municipality: ST. JOHNS
  • Latitude: 29.6686
  • Longitude: -82.4481

    Address

  • Full Address: 9878 Nw 16th Rd
  • Address - House Number: 9878
  • Street Direction: NW
  • Address - Street Name: 16th
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Gainesville
  • Carrier Code: R037
  • 4-Digit Zip Code: 9268
  • Zip Code: 32606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $576,131
  • Tax Rate Code Area: 0400

    Appraisal Valuation

  • Standard Deviation: 0.192
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 74
  • Final Value: 423,793
  • High Value: 505,168
  • Low Value: 342,418

    Market Valuation

  • Market Total Value: $326,981
  • Market Land Value: $35,000
  • Market Improvement Value: $361,981

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $292,069

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Oct 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3370399
  • Previous Sale Recording Date: Jun 06, 2017
  • Previous Sale Contract Date: Jun 02, 2017
  • Previous Sale Amount: $291,000
  • 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 Alachua

Stats & Trends

Median Asking:

$330,000

Sale Price/ft²

$198

Below Asking

0.03%

Average Days on Market

85

Average Home Size

1859 ft²

Average Home Age

31.8 years

Currently For Sale

1163 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 2959 Nw 97th Street, GAINESVILLE, FL, 32606

$3,055 /mo

  • 4 Beds
  • 2 Baths
  • 1,757 ft²
2959 Nw 97th Street #LAUREL, GAINESVILLE, FL, 32606 Listing by AJ Rebhan
Unit for rent at 2429 Nw 93rd Street, GAINESVILLE, FL, 32606

$2,695 /mo

  • 4 Beds
  • 2 Baths
  • 2,008 ft²
2429 Nw 93rd Street, GAINESVILLE, FL, 32606 Listing by Todd Shealy

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Laura Javidi
Pepine Realty
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# GC447006
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 9878 Northwest 16th Road built and last sold?
The property at 9878 Northwest 16th Road was built in 2016 and last sold on Sep 29, 2021 for $370,000.
How much is this home worth?
The estimated value of the home located at 9878 Northwest 16th Road is $0.
What are some comparable homes to 9878 Northwest 16th Road?
There are currently no comparable homes to 9878 Northwest 16th Road.
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