121 CRAPE MYRTLE Drive
About This Property
Inside you'll find a cozy living area complete with a charming fireplace, built-in desks that could be used as an office or playroom, and unique architecture. The spacious kitchen boasts sleek modern appliances and plenty of storage space for all your culinary or entertaining needs.
Outside, you'll find a fire pit area that's ideal for gathering with loved ones during those cool coastal evenings. The lush greenery lining the fence gives a tasteful, scenic feel to the backyard. With high ceilings and thoughtful design throughout, this home offers ample storage space to keep your belongings organized and clutter-free. The elegant primary suite is spacious, with an open, renovated bathroom. Every detail has been carefully considered to ensure sophistication and functionality.
Don't miss out on the opportunity to experience the best of coastal living in Northeast Florida. Schedule your tour today!
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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 |
|---|---|---|---|
| Apr 1, 2024 | Sold | ||
| Sold | |||
| Feb 6, 2024 | Listed by PURSUIT REAL ESTATE, LLC | $859,000 | |
| Listed by PURSUIT REAL ESTATE, LLC | |||
| Jul 6, 2012 | Sold | ||
| Sold | |||
| May 3, 2012 | Listed by PURSUIT REAL ESTATE, LLC | $369,900 | |
| Listed by PURSUIT REAL ESTATE, LLC | |||
| Apr 23, 2010 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $370,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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Best price in Azalea Point! Bright sunny home with open floor plan. Private guest suite & bath. Master bedroom w/sitting area and access to heated & cooled sunroom. Paver patio & fenced backyard. Home warranty for buyer. Beautiful gated community with pool, exercise room, tennis, RV/boat storage, walking trails & lakes.
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Property Highlights
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About Palm Valley
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2008913
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