$22,500
●
Land -
Off Market
1211 CO RD 309
Crescent City, FL 32112
Studio
0 Bath
$36,570
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
About This Property
2 lots are available. This listing is for 1 lot. Located within a
rare HOMES ONLY Waterfront community complete with a marina and
potentially even a boat slip if you choose to join the Homeowners
Association?
This area is a Nature lovers paradise and is perfect for a home away from home or a forever home. Lakes, Hunting, Camping, Golf, Night Life or just rest. Whatever your dream is, this is a very rare opportunity to grab two lots side by side and build the perfect home that meets your current situation.
River Park Utilities currently supplies water and sewer which means you do not have to install a well or a septic tank. Huge Value! Purchase now to potentially be in on a ground floor investment as this area is projected to boom due to new developments looking to enter the marketplace marketplace
This area is a Nature lovers paradise and is perfect for a home away from home or a forever home. Lakes, Hunting, Camping, Golf, Night Life or just rest. Whatever your dream is, this is a very rare opportunity to grab two lots side by side and build the perfect home that meets your current situation.
River Park Utilities currently supplies water and sewer which means you do not have to install a well or a septic tank. Huge Value! Purchase now to potentially be in on a ground floor investment as this area is projected to boom due to new developments looking to enter the marketplace marketplace
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$4
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (Real MLS #1205909)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2023 | Sold | ||
| Sold | |||
| Dec 28, 2022 | Listed by BARBARA RENEE WHITE, BROKER | $35,000 | |
| Listed by BARBARA RENEE WHITE, BROKER | |||
| May 18, 2022 | Sold | ||
| Sold | |||
| Apr 12, 2021 | Listed by CENTURY 21 TRITON REALTY | $19,500 | |
| Listed by CENTURY 21 TRITON REALTY | |||
| | |||
|
PERFECT PLACE TO BUILD YOUR NEW HOME IN RIVER PARK WEST, A ST. JOHNS RIVER SUBDIVISION! GREAT LOCATION. SUBDIVISION IS NESTLED ON THE BANKS OF THE ST. JOHNS RIVER! LOT IS ZONED R1A . NO HOMEOWNER ASSOCIATION FEES! GO BOATING ON ST. JOHNS RIVER BY USING THE BOAT RAMP. BOAT SLIPS MAY ALSO BE AVAILABLE IF YOU JOIN THEIR BOAT CLUB. FEE $50 A YEAR. RIVER PARK UTILITIES SUPPLIES WATER & SEWER TO YOUR NEW HOME. ENJOY A QUIET COUNTRY LIVING ATMOSPHERE! ONLY 10 MINUTES BY BOAT TO BIG LAKE GEORGE, 3RD LARGEST LAKE IN FLORIDA. ''THE OAKS'' 18 HOLE GOLF COURSE IS JUST A MILE AWAY.
| |||
| Mar 29, 2006 | Listed by CENTURY 21 A1A REALTY | $25,000 | |
| Listed by CENTURY 21 A1A REALTY | |||
| | |||
|
ATTENTION DEVELOPERS: priced below appraised value of $36,300. River access, homes only, water/sewer on site. Other lots available contiguous.
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Putnam
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Listed by: RENEE WHITE, BARBARA RENEE WHITE, BROKER
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1205909
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1205909
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