109 ISLANDER Road
About This Property
Calling all handy homeowners and DIY enthusiasts! This property is a perfect project for those ready to tackle renovations. While fully habitable, the home offers the exciting potential to personalize the space and create your dream home. From cosmetic updates to a more extensive remodel, the possibilities are endless! Don't miss the highlights: a spacious layout with multiple additions, a large lot, a peaceful backyard setting, and a refreshing above-ground swimming pool. This is your chance to create your own haven - renovate and live in simultaneously! Call today to schedule a showing and turn this diamond in the rough into your personal masterpiece.
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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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Feb 1, 2025 | In contract | - | |
| In contract | |||
| Jan 17, 2025 | Listed by MOMENTUM REALTY | $80,000 | |
| Listed by MOMENTUM REALTY | |||
| | |||
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Opportunity awaits at 109 Islander Road in Satsuma, FL! This 1982 single-wide home has been thoughtfully expanded over the years, offering spacious living on a serene .29-acre lot. Backed by a peaceful DOT retention pond, the property promises tranquility and privacy—a perfect setting to craft your ideal living space. Ideal for DIY enthusiasts and those ready for a renovation project, this home offers endless potential. While fully habitable, it invites you to personalize every corner, whether with simple updates or a more extensive remodel. The expansive layout, large lot, and tranquil backyard setting provide the perfect foundation for your vision. Plus, the above-ground pool adds a refreshing touch to your outdoor space. This is a rare opportunity to create the home you've always wanted while living in it. Don't miss your chance to transform this diamond in the rough into your personal masterpiece—schedule a showing today!
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| Nov 11, 2024 | No longer available | - | |
| No longer available | |||
| Aug 16, 2024 | Price Decreased |
$90,000
↓ $15K
(14.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017