1413 FOREST MARSH Drive
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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.
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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 |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Feb 3, 2025 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $1,400,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
| Jan 12, 2022 | Sold | ||
| Sold | |||
| Nov 26, 2021 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $749,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
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'BACK ON THE MARKET' Original owner (1984) has maintained property but the true value here is in this gorgeous, marsh view lot which is 1.8 acre. Click on Documents to see SURVEY. The lot extends to Hopkins Creek. Many neighbors have built their dock on this creek. Everyone must get ACE approval to build dock.
The House is being SOLD 'As Is' with rights to all inspections. The house is Brick & Cedar with large Bedrooms and Large Eat-In Kitchen. Hard to find that today!
Great Room has Cathedral Ceiling with Tongue & Groove, Cedar Ceiling and floor to ceiling Fireplace.
ONLY .9 mile to the BEACH. Entire property is in Flood Zone AE. Owners NEVER had water intrusion in the house or garage, even in every Hurricane since 1984! Truly a SPECIAL PROPERTY in NEPTUNE BEACH
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| Oct 8, 2021 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $835,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017