14061 INLET Drive
About This Property
Beautiful ranch style home in the Spanish Point community! Recently renovated to an open floor plan featuring new floors, updated light fixtures and ceiling fans with LED lighting. The master bedroom has a renovated bathroom with both a walk-in closet and a standard closet. Fenced-in garden in the backyard along with a couple of fruit trees. An additional 1.5 car garage/workshop has been added connecting with the main driveway. Property has 3 wells for irrigation. A spacious screened in Florida room with ceiling fans, along with covered back porch also with ceiling fan. Backyard has plenty of room for children to play. Location is close to the Naval Station in Mayport and numerous shopping centers.
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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%.
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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 |
|---|---|---|---|
| Jul 9, 2019 | Sold | ||
| Sold | |||
| May 17, 2019 | Listed by WATSON REALTY CORP | $249,900 | |
| Listed by WATSON REALTY CORP | |||
| Apr 29, 2016 | Sold | ||
| Sold | |||
| Mar 18, 2016 | Listed by FLORIDA HOMES REALTY & MTG LLC | $215,900 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
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Just imagine yourself in this lovely Ranch Style home in the Spanish Point community! It features a newly renovated kitchen, updated light fixtures and ceiling fans with LED lighting. The master bedroom has a newly renovated bathroom with both a walk-in closet and a standard closet. There is crown molding throughout the house, fenced-in garden in the back yard, along with orange and strawberry/guava trees. An additional 1.5 car garage/workshop has been added connecting with the main driveway. The property has 3 wells for irrigation. A screened in Florida room and covered back porch has ceiling fans. The backyard has plenty of room for children to play. Location is close to the Naval Station in Mayport and numerous shopping centers. **MULTIPLE OFFERS - HIGHEST & BEST BY 4/4/16 @10AM**
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| Aug 23, 2013 | Sold | ||
| Sold | |||
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About Greater Arlington
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 995915
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