123 PENINSULAR Drive
About This Property
This beautifully maintained 2BR/2BA lakefront home is priced well below market value and offers a peaceful setting that's hard to find at this price point.
Situated on a large lake lot, the home features brand-new upgrades throughout, including NEW PLUMBING, new carpeting, water heater, blinds, fresh interior paint, and new stairs. Abundant windows fill the space with natural light, creating a bright and welcoming atmosphere.
Enjoy the convenience of a covered carport and the tranquility of a quiet neighborhood just two minutes from a boat ramp and marina on the St. Johns River. Dining and entertainment are close by at local favorite Renegades on the River, and golf enthusiasts will love being just a golf cart ride away from Oakes Golf Course, with direct neighborhood access.
Perfect as a weekend retreat or full-time residence, this lakefront gem is truly a must-see opportunity.
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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 13, 2026 | Sold | ||
| Sold | |||
| Feb 6, 2026 | In contract | - | |
| In contract | |||
| Jan 21, 2026 | Price Decreased |
$134,000
↓ $3K
(2.2%) | |
| Price Decreased | |||
| Dec 30, 2025 | Relisted | $136,999 | |
| Relisted | |||
| Dec 19, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017