For SaleRisky Deal59 days on market
108 RIVER ROAD Drive
108 RIVER ROAD Drive, Palatka, FL 32177, Palatka, FL 32177
$189,500
Listing Price
108 RIVER ROAD Drive, Palatka, FL 32177
Loc: Palatka, FL
Days Listed
59
Tax Assessed
$121k
Lot Size
0.32 acres
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
5.3 mi away
3
Palatka High School
7-12
7 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
ranch stylesingle storymetal roofboard and batten sidingattached garagelarge yardrural settingwooded lotmossy oak treesresidentialasymmetrical facadesuburbanexterior HVAC unit
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.81%
Total ROI
85.2%
Cash Flow
$-65/mo
DSCR
0.93
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-65/mo net cash flow with a 5.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.8%)
- • Strong rental demand in Palatka
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 |
|---|---|---|---|
| 2026-08-29 | Price change | $189,500 | $194 |
| 2026-07-27 | Listed for sale | $199,400 | $205 |
| 2025-04-19 | Listing removed | $180,000 | $185 |
| 2025-04-18 | Price change | $180,000 | $185 |
| 2025-04-11 | Price change | $190,000 | $195 |
| 2025-04-04 | Price change | $200,000 | $205 |
| 2025-03-28 | Price change | $210,000 | $215 |
| 2025-03-16 | Price change | $215,000 | $221 |
| 2025-02-28 | Price change | $220,000 | $226 |
| 2025-02-23 | Price change | $225,000 | $231 |
| 2025-02-03 | Price change | $235,000 | $241 |
| 2025-01-23 | Price change | $240,000 | $246 |
| 2024-11-26 | Price change | $245,000 | $251 |
| 2024-11-20 | Listed for sale | $250,000 | $256 |
| 2022-07-06 | Sold | $189,900 | $195 |
| 2022-06-20 | Pending sale | $189,900 | $195 |
| 2022-05-25 | Contingent | $189,900 | $195 |
| 2022-05-05 | Listed for sale | $189,900 | $195 |
| 2020-01-12 | Listing removed | $1,150 | $1 |
| 2020-01-11 | Listed for rent | $1,150 | $1 |
| 2019-09-27 | Listing removed | $1,100 | $1 |
| 2019-09-21 | Listed for rent | $1,100 | $1 |
| 2018-09-20 | Listing removed | $1,100 | $1 |
| 2018-09-18 | Price change | $1,100 | $1 |
| 2018-09-15 | Listed for rent | $1,000 | $1 |
| 2017-09-19 | Listing removed | $875 | $1 |
| 2017-05-01 | Sold | $42,500 | $44 |
| 2017-02-02 | Sold | $93,900 | $96 |
| 2005-11-17 | Sold | $140,000 | $144 |
| 2004-12-14 | Sold | $77,000 | $79 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $2,234.18 | $121,340 |
| 2023 | $2,192.07 | $118,450 |
| 2022 | $1,813.3 | $101,880 |
| 2021 | $1,679.12 | $85,510 |
| 2020 | $1,693.9 | $81,220 |
| 2018 | $1,567.42 | $72,280 |
| 2017 | $1,567.42 | $67,820 |
| 2016 | $1,526.69 | $64,100 |
| 2015 | $1,432.64 | $64,594 |
| 2014 | $1,690.22 | $75,466 |
| 2013 | $0 | $75,686 |
| 2012 | $0 | $75,915 |
| 2011 | $0 | $79,704 |
| 2010 | $0 | $90,284 |
| 2009 | $0 | $91,205 |
| 2008 | $0 | $94,972 |
| 2007 | $0 | $105,987 |
| 2005 | $0 | $67,598 |
| 2004 | $0 | $46,121 |
| 2003 | $0 | $43,082 |
| 2002 | $0 | $42,760 |
| 2001 | $0 | $38,782 |
| 2000 | $0 | $37,309 |
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