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Nassau
1038 CORTEZ Road
$240,000
● House - Off Market

1038 CORTEZ Road

Bryceville, FL 32009
bedrooms
3 Beds
bathrooms
4 Baths, 2 Half Baths
$693,431
RealtyHop Estimate
166.81%
Since Jan 1, 2002
National-US
Primary Model

About This Property

ATE DR TO LAST HOME ON THE RIGHT. THIS IS TRULY RARE!SELDOM DO YOU FIND PROPERTY ON THE PRISTINE BIG ST.MARY'S RIVER MUCH LESS WITH AN EXTRAORDINARILYBEAUTIFUL TWO STORY CEDAR HOME.THIS HOME HAS OVER 2150 SQ FT WITH A PERFECTBLEND OF HARDWOOD FLOORING AND CARPETING.EXPERIENCE THE WARMTH OF THE SOUTHERN STYLE FRONT PORCH AND THE DECK AND BOARDED WALKWAY TO A SCREENED GAZEBO ON THE RIVER.TOO MANY
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1994

Payment Calculator

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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 (Real MLS #5325)

Price History

Date / Event Date Event Price
May 17, 2013 Sold
Premium
Sold
Oct 16, 2012 Listed by WATSON REALTY CORP $319,000
Listed by WATSON REALTY CORP
Oct 1, 2004 Sold
Premium
Sold
Apr 28, 2004 Listed by WATSON REALTY CORP $285,000
Listed by WATSON REALTY CORP
Dec 20, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 13
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 544
  • Parking Space Count: 3
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 132,858
  • Total Building Area: 2,739
  • Gross Building Area: 2,739
  • Building Area: 2,195
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,195
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CORNWALL SURV
  • Land Acres: 0000003050
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: PT OF S1/2 OF SW1/4 IN OR 1856/1908 PARCELS 6-11 & 6-16 SEC 8 & PARCEL 1-4 SEC 7 ROAD MAINT AGRMNT OR 1856/1904

Neighborhood

  • School District Name: Nassau County School District
  • Census Tract: 050504

Zoning

  • Zoning: OR

Geography

  • Assessors Map Reference: MAP 1F/8
  • District: 06
  • Section: 8
  • Parcel: 08-1S-23-0000-0006-0110
  • Block: 110
  • Lot: 6
  • Meridian: SEC 08 TWN 01S RNG 23E
  • Municipality: DRAIN DIST
  • Latitude: 30.4216
  • Longitude: -82.0334

    Address

  • Full Address: 1038 Cortez Rd
  • Address - House Number: 1038
  • Address - Street Name: Cortez
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Bryceville
  • Carrier Code: R032
  • 4-Digit Zip Code: 1310
  • Zip Code: 32009

Valuation

    Tax

  • Total Area: 2,618
  • Tax Year: 2023
  • Tax Amount: $390,195
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 647,047
  • High Value: 753,601
  • Low Value: 540,493

    Market Valuation

  • Market Total Value: $519,415
  • Market Land Value: $209,688
  • Market Improvement Value: $309,727

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $284,352

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 14, 2013
  • Current Sale Recording Date: May 17, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201313635
  • Previous Sale Recording Date: Oct 01, 2004
  • Previous Sale Contract Date: Sep 24, 2004
  • Previous Sale Amount: $273,000
  • 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 Nassau

Stats & Trends

Median Asking:

$469,900

Sale Price/ft²

$234

Below Asking

0.02%

Average Days on Market

82

Average Home Size

2170 ft²

Average Home Age

19 years

Currently For Sale

709 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

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Real MLS

Listed by: RITA WILLIAMS, WATSON REALTY CORP
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 5325
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. Data is deemed reliable but is not guaranteed accurate by NEFMLS. 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 1038 Cortez Road built and last sold?
The property at 1038 Cortez Road was built in 1994 and last sold on May 14, 2013 for $295,000.
How much is this home worth?
The estimated value of the home located at 1038 Cortez Road is $331,907.
What are some comparable homes to 1038 Cortez Road?
There are currently no comparable homes to 1038 Cortez Road.
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