1461 SCARLETT Way
About This Property
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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%.
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 |
|---|---|---|---|
| May 6, 2020 | Sold | ||
| Sold | |||
| Sep 24, 2019 | Listed by WATSON REALTY CORP | $1,199,999 | |
| Listed by WATSON REALTY CORP | |||
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Enjoy sunrises every morning from this outstanding classic brick St.Johns riverfront home. Conveniently situated in Hibernia Plantation which with its architectural diversity and grand oaks, is one of Fleming Islands nicest neighborhoods. The home is nestled on a private lane off of a cul de sac which gives it insulation from the street which is very quiet anyway! The lot is dry and quite high above the river. The brick provides ease of maintenance and the energy bills are surprisingly low! The kitchen has beautiful cherry cabinets and granite counters as well as stainless appliances. The ceilings are high and many have crown mouldings. There are lots of windows and lots of light. The home also features a lanai and two deck areas as well as a dock, covered slip and lift. There is an upstairs balcony with slate tiles and an upstairs game/ den area as well as a bedroom and lots of storage. Over the garage is a newly remodeled heated and cooled room which is over 400 sq. ft. It could be an apartment, game room, guest apartment, office or more. This square footage is not included in the county's tax info. Either of the two bonus rooms upstairs could be made into an extra bedroom. There is also a small office/storage area downstairs. The house is built of hard to find bricks that have a handmade, historic look. The front porch is made of fossil limestone, as is the fireplace in the family room. This outstanding home has a lot of possibilities depending on a family's needs.The views of the river are fantastic from this home's elevated position.Even the most discriminating buyers need to see this elegant residence!
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| May 3, 2019 | Listed by COLDWELL BANKER VANGUARD REALTY | $1,249,900 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017