111 WATEROAK Road
About This Property
This practically brand-new 2025 mobile home offers effortless living with all appliances included and being sold fully furnished--just move in and start enjoying. Situated on nearly half an acre, this unique property includes two lots, giving you extra space, flexibility, and value. The additional parcel is cleared and ready, complete with a gated fence and a 200-amp power pole--ideal for building a second home, accommodating family, or storing your outdoor toys.
Inside, you'll find thoughtful upgrades like crown molding and textured drywall throughout the main living areas, adding a modern, finished feel.
Step outside to enjoy peaceful mornings on the screened porch, offering 128' of outdoor living space and unwind in the evenings by the firepit--perfect for relaxing or entertaining. Located near multiple boat ramps to the St. Johns River, Georgia Boy's Fish Camp, Dunn's Creek State Park, Palatka, Palm Coast, and St. Augustine, this property offers space, privacy, and versatility in a location that appeals to boaters, fishermen, snowbirds, travelers, and anyone looking for a relaxed Florida lifestyle. Appointment required due to active vacation rental bookings.
The list of extras include: *New Water Treatment System, Firepit, Second lot with 200 amp Power Pole and a 2025 John Deer zero-turn lawn mower.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 5, 2026 | Sold | ||
| Sold | |||
| Aug 5, 2026 | In contract | - | |
| In contract | |||
| Jun 26, 2026 | Price Decreased |
$189,900
↓ $5K
(2.6%) | |
| Price Decreased | |||
| Jun 19, 2026 | Price Decreased |
$194,900
↓ $2K
(1.1%) | |
| Price Decreased | |||
| May 26, 2026 | Price Decreased |
$197,000
↓ $2K
(1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017