12 Cimmaron 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 |
|---|---|---|---|
| Jan 14, 2025 | Listed | $259,900 | |
| Listed | |||
| | |||
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This salt water canal property in sail boat country will offer magnificent water views onto an extra wide salt water canal that will surely amaze you every day! There are no bridges all the way to the intracoastal water way to obstruct your smooth sailing. This lot features a concrete seawall. Conveniently located close to shopping, medical, restaurants at European Village, Palm Harbor Golf Course and the beaches. Near by walking/ biking /jogging trails to enjoy more of the nature Palm Coast has to offer. Flagler Beach is a friendly , laid back City located only 13 miles away where you may enjoy miles of shoreline and ocean view dining. Do not miss this opportunity!
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| Aug 19, 2022 | Sold | ||
| Sold | |||
| Jun 29, 2022 | Listed by COLDWELL BANKER REALTY | $259,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| May 25, 2022 | No longer available | - | |
| No longer available | |||
| Apr 22, 2022 | Price Decreased |
$259,000
↓ $10K
(3.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017