1 HWY 98
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 20, 2022 | No longer available | - | |
| No longer available | |||
| Dec 17, 2022 | Listed by Rish Real Estate Group | $299,000 | |
| Listed by Rish Real Estate Group | |||
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Port St Joe's newest bay view subdivsion, "Reserve On Saint Joseph Bay". Lot number 1 is an oversized 1.39 acre bay view lot that is almost twice the size as comparable lots along Constitution Drive/Hwy 98 for the same comparable price! This lot is subject to an additional front setback. Enjoy sunset views of St Joseph Bay while you enjoy the remains of the day every day of the year. Officially recorded plat with Restrictive Covenants but NO HOA. Lots are served by The City of Port St. Joe for water and sewer. Other lots also available. Agents are licensed FL real estate brokers.
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| Aug 11, 2022 | No longer available | - | |
| No longer available | |||
| Feb 10, 2022 | Listed by Gulf Coast Real Estate Group, LLC | $299,000 | |
| Listed by Gulf Coast Real Estate Group, LLC | |||
| | |||
|
Port St Joe's newest bay view subdivision, "Reserve On Saint Joseph Bay" Lot number 1 is an over sized 1.39 acre bay view lot that is almost twice the size as comparable lots along Constitution Drive / Hwy 98 for the same comparable price! This lot is subject to an additional front setback. Enjoy sunset views of St Joseph bay while you enjoy the remains of the day every day of the year. Officially recorded plat with Restrictive Covenants but NO HOA. Lots are served by The City of Port St. Joe for water and sewer. Other lots also available. Agents are licensed FL real estate brokers.
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| Feb 2, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017