110 JESSE ROAD
About This Property
Zoned RMH-Residential, Mobile Home. A complete architectural plan set was prepared in 2022 specifically for 110 Jesse Road, for a proposed two-story residence featuring four bedrooms, three full bathrooms, one half bathroom, covered outdoor living space, and an attached garage. St. Johns County Clearance Sheet R2022-004553 documents prior residential site-plan review for the proposed home. The review identified corner-lot setbacks of 20 feet along the first front, 16 feet along the second front, and 8 feet along each side, together with maximum building coverage of 25% and maximum impervious coverage of 70%. The property includes a 25-foot natural vegetative upland buffer measured landward from the state jurisdictional wetland line.
A private well and onsite septic system will be required. No HOA and no CDD. Enjoy the space and relaxed pace of an Old Florida setting near Florence Cove and the St. Johns River. Convenient to Alpine Groves Park, boating, fishing, outdoor recreation, County Road 13, State Road 16, the First Coast Expressway corridor, St. Augustine, and Jacksonville. Qualified buyers may purchase with as little as a 20% down payment.
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | Price Decreased |
$280,000
↓ $15K
(5.1%) | |
| Price Decreased | |||
| Sep 1, 2026 | Listed by LPT REALTY, LLC | $295,000 | |
| Listed by LPT REALTY, LLC | |||
| Mar 29, 2022 | Sold | ||
| Sold | |||
| Oct 8, 2021 | Listed by LPT REALTY, LLC | $150,000 | |
| Listed by LPT REALTY, LLC | |||
| Jun 1, 2020 | Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY | $285,000 | |
| Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY | |||
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This beautifully cleared & maintained creekfront lot leads out the the St Johns River and is navigable to the ocean...perfect for your new home. It also includes parcel #0159150000 (Jack Wright Island Rd) The 2 lots totals .71 acres. He would like to sell both parcels together. The land wraps around the whole end of the canal that is just a short boat ride to the river. Also see MLS #1066670 with proposed home by Pinnacle Builder
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017