109 SAILFISH Drive
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 |
|---|---|---|---|
| Jun 11, 2024 | Sold | ||
| Sold | |||
| Jun 10, 2024 | Listed by NON MLS (realMLS) | $7,500 | |
| Listed by NON MLS (realMLS) | |||
| May 8, 2024 | In contract | - | |
| In contract | |||
| Apr 30, 2024 | Listed by WATSON REALTY CORP (PC) | $7,500 | |
| Listed by WATSON REALTY CORP (PC) | |||
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109 Sailfish Drive, Palatka, FL 32177—an undeveloped lot in the inviting St Johns Harbor community. This property is high and dry, featuring 80 feet of frontage and 125 feet of depth, perfect for building your dream home. With access to nearby electric poles, connecting utilities is convenient. While a well and septic system will be needed, this location is just 1.4 miles or a five-minute drive from the Public Boat Ramp. Here, you can easily load your boats or water equipment for a day of fishing and shrimping in the St. Johns River. Enjoy the close proximity to the St Johns River, Palatka and Green Cove Springs, making this an exceptional investment or homesite opportunity. 111 Sailfish Drive is also available for sale, providing the opportunity to secure added privacy by purchasing both lots. Don't let this chance pass you by—call now!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017