For SaleRisky Deal57 days on market
4109 Reid St
4109 Reid St, Palatka, FL 32177, Palatka, FL 32177
$293,000
Listing Price
4109 Reid St, Palatka, FL 32177
Loc: Palatka, FL
Days Listed
57
Tax Assessed
$154k
Lot Size
3.00 acres
Rent Estimate
$1,874/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
James A. Long Elementary School
K-6
3.2 mi away
3
Palatka High School
7-12
2.8 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
SingleFamily2007Forced air, ElectricCentralCarport3 Acres57 Days$244
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.78%
Total ROI
62.8%
Cash Flow
$-353/mo
DSCR
0.77
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-353/mo net cash flow with a 4.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Palatka, FL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-03 | Price change | $293,000 | $244 |
| 2026-07-28 | Listed for sale | $300,000 | $250 |
| 2023-12-14 | Listing removed | $0 | – |
| 2023-12-09 | Listed for sale | $259,999 | $217 |
| 2021-02-12 | Sold | $105,000 | $88 |
| 2021-01-04 | Pending sale | $115,000 | $96 |
| 2020-12-10 | Listed for sale | $115,000 | $96 |
| 2019-11-10 | Listing removed | $105,000 | $88 |
| 2019-11-03 | Listed for sale | $105,000 | $88 |
| 2016-07-18 | Sold | $49,000 | $41 |
| 2016-03-31 | Price change | $54,900 | $46 |
| 2016-02-04 | Listed for sale | $59,900 | $50 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $2,591.93 | $153,670 |
| 2023 | $2,398.7 | $141,560 |
| 2022 | $2,079.93 | $113,310 |
| 2021 | $761.25 | $75,920 |
| 2020 | $820.22 | $68,630 |
| 2018 | $817.68 | $61,170 |
| 2017 | $817.68 | $58,370 |
| 2016 | $825.58 | $59,270 |
| 2015 | $1,349.19 | $58,375 |
| 2014 | $890.56 | $59,230 |
| 2013 | $0 | $59,143 |
| 2012 | $0 | $59,250 |
| 2011 | $0 | $64,242 |
| 2010 | $0 | $69,929 |
| 2009 | $0 | $69,739 |
| 2008 | $0 | $70,277 |
| 2007 | $0 | $68,230 |
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