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Fleming Island 32003
1493 MARSH RABBIT Way
$250,900
● House - Off Market

1493 MARSH RABBIT Way

Fleming Island, FL 32003
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,688 Ft²
$353,255
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Lovingly maintained by the original owner in Pace Island, this 3 bed 2 bath home is waiting for someone new to make it their own!  Have peace of mind with newer major systems: built in generator, HVAC system 3 yrs, roof approx. 9 yrs, water heater 2 yrs.  Beautiful laminate flooring throughout except in bathrooms and laundry closet.  Kitchen is fairly open to the eat in space and spacious family room.  Separate dining room and living room.  Home exterior has been painted by Rhino Shield.  Newer fully fenced back yard.  Fireplace has never been used!  Enjoy relaxing on the shady, screened in, expanded lanai or take advantage of Pace Island's wonderful amenities! Come live the Fleming Island lifestyle in this beautiful community for under $260,000!
Unit Size
1,688 Ft²
Days on Market
-
Land Size
-
Price per sqft
$153
Property Type
House
Property Taxes
-
HOA Dues
$130
Year Built
1995

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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 #1062749)

Price History

Date / Event Date Event Price
Aug 24, 2020 Sold
Premium
Sold
Jul 11, 2020 Listed by REMAX LEADING EDGE $257,900
Listed by REMAX LEADING EDGE

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 9
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 418
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 124
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,846
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 920
  • Total Building Area: 2,126
  • Gross Building Area: 2,126
  • Building Area: 1,688
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,688
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PACE ISLAND UNIT 4 REPLAT
  • Land Acres: 0000000249
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 54 PACE ISLAND UNIT 4 REPLAT AS REC OR 4345 PG 495

Neighborhood

  • School District Name: Clay County School District
  • Census Tract: 030705

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 1404-E2
  • Parcel: 28-04-26-013153-003-30
  • Lot: 54
  • Meridian: SEC 28 TWN 04S RNG 26E
  • Municipality: UNINCORPORATED
  • Latitude: 30.1217
  • Longitude: -81.7091

    Address

  • Full Address: 1493 Marsh Rabbit Way
  • Legal Unit: 4
  • Address - House Number: 1493
  • Address - Street Name: Marsh Rabbit
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Fleming Island
  • Carrier Code: R029
  • 4-Digit Zip Code: 7049
  • Zip Code: 32003

Valuation

    Tax

  • Total Area: 2,126
  • Tax Year: 2022
  • Tax Amount: $381,912
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2131
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 376,396
  • High Value: 456,629
  • Low Value: 296,164

    Market Valuation

  • Market Total Value: $249,455
  • Market Land Value: $50,000
  • Market Improvement Value: $199,455

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $249,455
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $199,455

    Sales

  • Current Sale Contract Date: Aug 24, 2020
  • Current Sale Recording Date: Aug 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020043236
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 Fleming Island

Stats & Trends

Median Asking:

$462,000

Sale Price/ft²

$214

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2324 ft²

Average Home Age

23.5 years

Currently For Sale

132 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 1948 Harbor Island, Fleming Island, FL, 32003

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,957 ft²
1948 Harbor Island, Fleming Island, FL, 32003 Listing by KENNETH HOLIFIELD

Rentals Near You

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

Listed by: Chelsea Freeman, REMAX LEADING EDGE
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1062749
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 1493 Marsh Rabbit Way built and last sold?
The property at 1493 Marsh Rabbit Way was built in 1995 and last sold on Aug 24, 2020 for $250,900.
How much is this home worth?
The estimated value of the home located at 1493 Marsh Rabbit Way is $0.
What are some comparable homes to 1493 Marsh Rabbit Way?
There are currently no comparable homes to 1493 Marsh Rabbit Way.
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