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Neptune Beach 32266 Neptune Beach
1401 KINGS Road
$600,000
● House - Off Market

1401 KINGS Road

Neptune Beach, FL 32266
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,978 Ft²
$653,041
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Looking for a short bike ride to the beach? Here's a rare opportunity to own a concrete block home sitting on a .4 acre corner lot within the Indian Woods neighborhood of Neptune Beach! This well kept (1960's original) 3 bed 2 bath home has two living areas and two enclosed outdoor spaces. A dedicated master wing of the house leads to one of the enclosed patios, leaving you steps from the expansive back and side yard. Pass through the side gate and you'll uncover an additional private outdoor space surrounded by old oaks and greenery. Ton's of potential waiting for your personal touch!
Unit Size
1,978 Ft²
Days on Market
-
Land Size
-
Price per sqft
$316
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960

Payment Calculator

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Cap Rate Calculator

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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: 3 years ago (Real MLS #1197321)

Price History

Date / Event Date Event Price
Apr 27, 2023 Sold
Premium
Sold
Feb 3, 2023 Sold
Premium
Sold
Oct 21, 2022 Listed by THE THAYVER GROUP $625,000
Listed by THE THAYVER GROUP

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,550
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 2,906
  • Gross Building Area: 2,906
  • Building Area: 1,978
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,978
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN WOODS
  • Land Acres: 0000000403
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 27-35 38-2S-29E INDIAN WOODS LOT 1 BLK 2

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 014002

Zoning

  • Zoning: NR-1

Geography

  • Assessors Map Reference: 9420
  • Parcel: 178616-0000
  • Block: 2
  • Lot: 1
  • Meridian: SEC 38 TWN 02S RNG 29E
  • Municipality: CITY OF NEPTUNE BEACH
  • Latitude: 30.3126
  • Longitude: -81.4169

    Address

  • Full Address: 1401 Kings Rd
  • Address - House Number: 1401
  • Address - Street Name: Kings
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Neptune Beach
  • Carrier Code: C026
  • 4-Digit Zip Code: 1554
  • Zip Code: 32266

Valuation

    Tax

  • Total Area: 2,240
  • Tax Year: 2022
  • Tax Amount: $561,125
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: USD4

    Appraisal Valuation

  • Standard Deviation: 0.2141
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 70
  • Final Value: 620,906
  • High Value: 753,894
  • Low Value: 487,917

    Market Valuation

  • Market Total Value: $429,828
  • Market Land Value: $225,000
  • Market Improvement Value: $204,828

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $399,071

    Sales

  • Current Sale Contract Date: Feb 03, 2023
  • Current Sale Recording Date: Apr 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 83557

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Beaches

Stats & Trends

Median Asking:

$739,500

Sale Price/ft²

$442

Below Asking

0.03%

Average Days on Market

71

Average Home Size

1987 ft²

Average Home Age

36.1 years

Currently For Sale

260 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 798 Main Street, Atlantic Beach, FL, 32233

$2,550 /mo

  • 2 Beds
  • 1 Bath
  • 1,152 ft²
798 Main Street, Atlantic Beach, FL, 32233 Listing by LINDSEY OSTEEN
Unit for rent at 1067 Hibiscus Street, Atlantic Beach, FL, 32233

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,164 ft²
1067 Hibiscus Street, Atlantic Beach, FL, 32233 Listing by INNA BELL
Unit for rent at 511 Camelia Street, Atlantic Beach, FL, 32233

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,144 ft²
511 Camelia Street, Atlantic Beach, FL, 32233 Listing by JON HURM

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: RYAN ROBBINS, THE THAYVER GROUP
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1197321
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.

Frequently Asked Questions

When was property at 1401 Kings Road built and last sold?
The property at 1401 Kings Road was built in 1960 and last sold on Feb 3, 2023 for $600,000.
How much is this home worth?
The estimated value of the home located at 1401 Kings Road is $0.
What are some comparable homes to 1401 Kings Road?
There are currently no comparable homes to 1401 Kings Road.
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