124 Cypress Dr, Palatka, FL 32177 — MLS photo

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124 Cypress Dr, Palatka, FL 32177

Active · MobileHome

$99,000

124 Cypress Dr, Palatka, FL 32177

Beds
3
Baths
2
Living area
— sq ft
$ / sq ft
—
Year built
1985
Lot size
—
HOA fee
—
Annual tax
$844

About this property

This 3-bedroom, 2-bath mobile home offers a spacious living room with a fireplace and sits on over 1 acre with a huge backyard. The property has electricity, well water, and a septic tank in place. Remodeling was started but not completed, giving the new owner the opportunity to finish and customize to their taste. The unfinished renovations are reflected in the price, making it more affordable than comparable properties in the area and a great value-add opportunity.

Property location

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124 Cypress Dr, Palatka, FL 32177

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Flooring
Other
Appliances
None
Cooling
Central Air
Heating
Central
Interior features
Fireplace

Exterior & Structure

Property type
MobileHome
Year built
1985
Architectural style
Detached, Manufactured Home
Roof
Shingle
Construction
Manufactured
Exterior features
Fruit Trees
Pool
None
View
None

Parking

Garage spaces
0
Covered spaces
0
Parking features
None

HOA, Community & Financials

Pets allowed
Size Limit, Yes
Annual tax
$844
Subdivision
n/a
County
Putnam
Days on market
0
MLS listing ID
A11973967
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$149

Cap rate
3.9%
Net yield
3.9%
Cash-on-cash return
-6.5%
Gross yield
6.6%
Mortgage payment
$469/mo
Down payment
$24,750
Loan amount
$74,250
Annual NOI
$3,842

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.