1215 FOREST OAKS Drive
About This Property
Discover vaulted ceilings inside that enhance the sense of space and luxury throughout. The heart of the home features a modern kitchen adorned with sleek quartz countertops, perfect for culinary enthusiasts. The spacious living areas are complemented by an abundance of natural light, creating a warm and inviting ambiance.
The primary suite serves as a tranquil retreat that opens up to a heated and cooled Florida room, ideal for al fresco dining or peaceful mornings with a cup of coffee. Two additional well-appointed bedrooms, a flex space, and a designated office provide versatility for various lifestyle needs.
This home harmoniously blends sophistication with modern updates, making it a true Neptune Beach gem.
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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 |
|---|---|---|---|
| Mar 5, 2025 | Sold | ||
| Sold | |||
| Jan 22, 2025 | In contract | - | |
| In contract | |||
| Jan 8, 2025 | Relisted | $879,900 | |
| Relisted | |||
| Nov 4, 2024 | In contract | - | |
| In contract | |||
| Sep 21, 2024 | Price Decreased |
$879,900
↓ $16K
(1.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017