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Fleming Island 32003
1504 MARSH RABBIT Way
$299,900
● House - Off Market

1504 MARSH RABBIT Way

Fleming Island, FL 32003
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,703 Ft²
$420,480
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Peaceful setting on prime lot borders a serene, natural preserve and creek.This updated home is located in desired Pace Island. Community amenities include 24/7 manned security gate, club houses, dock overlooking beautiful Doctor's Lake, fascinating history, nature areas, playgrounds, pools, tennis courts, walkways, water views and more. Perfectly situated for activities, entertainment, food, medical care, schools, shopping, sports and travel. Termite Bond and Home Warranty included.  Updated kitchen with granite counters and updated baths. New roof in 2011. Home has partially floored attic and insulated garage door along with many other upgrades. Enjoy a stress-reduced lifestyle.
Unit Size
2,703 Ft²
Days on Market
-
Land Size
-
Price per sqft
$111
Property Type
House
Property Taxes
-
HOA Dues
$130
Year Built
1994

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (Real MLS #1022767)

Price History

Date / Event Date Event Price
Jul 2, 2020 Sold
Premium
Sold
Oct 28, 2019 Listed by COLDWELL BANKER VANGUARD REALTY $299,900
Listed by COLDWELL BANKER VANGUARD REALTY
Sep 5, 2008 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 4
  • 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: 399
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,842
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 740
  • Total Building Area: 3,186
  • Gross Building Area: 3,186
  • Building Area: 2,079
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,079
  • 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: 0000000203
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 40 PACE ISLAND UNIT 4 REPLAT AS REC OR 4325 PG 690

Neighborhood

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

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 1404-E2
  • Parcel: 28-04-26-013153-003-16
  • Lot: 40
  • Meridian: SEC 28 TWN 04S RNG 26E
  • Municipality: UNINCORPORATED
  • Latitude: 30.1211
  • Longitude: -81.7096

    Address

  • Full Address: 1504 Marsh Rabbit Way
  • Legal Unit: 4
  • Address - House Number: 1504
  • Address - Street Name: Marsh Rabbit
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Fleming Island
  • Carrier Code: R029
  • 4-Digit Zip Code: 7050
  • Zip Code: 32003

Valuation

    Tax

  • Total Area: 3,186
  • Tax Year: 2022
  • Tax Amount: $379,613
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 77
  • Final Value: 454,856
  • High Value: 534,513
  • Low Value: 375,199

    Market Valuation

  • Market Total Value: $318,713
  • Market Land Value: $50,000
  • Market Improvement Value: $268,713

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $275,095

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 25, 2020
  • Current Sale Recording Date: Jul 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020032906
  • Previous Sale Recording Date: Sep 05, 2008
  • Previous Sale Contract Date: Aug 13, 2008
  • Previous Sale Amount: $229,900
  • Previous Sale Document Type: 71
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:

$464,000

Sale Price/ft²

$214

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2318 ft²

Average Home Age

23.4 years

Currently For Sale

131 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 1219 Stern Way, Fleming Island, FL, 32003

$2,350 /mo

  • 4 Beds
  • 2 Baths
  • 1,770 ft²
1219 Stern Way, Fleming Island, FL, 32003 Listing by KAY CHAFTON
Unit for rent at 2243 Trailwood Drive, Fleming Island, FL, 32003

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,489 ft²
2243 Trailwood Drive, Fleming Island, FL, 32003 Listing by JOSHUA DANLEY

Rentals Near You

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

Listed by: JUDY FIELDS, COLDWELL BANKER VANGUARD REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1022767
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 1504 Marsh Rabbit Way built and last sold?
The property at 1504 Marsh Rabbit Way was built in 1994 and last sold on Jun 25, 2020 for $299,900.
How much is this home worth?
The estimated value of the home located at 1504 Marsh Rabbit Way is $316,811.
What are some comparable homes to 1504 Marsh Rabbit Way?
There are currently no comparable homes to 1504 Marsh Rabbit Way.
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