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Fleming Island 32003
1509 MARSH RABBIT WAY
$187,000
● House - Off Market

1509 MARSH RABBIT WAY

Orange Park, FL 32003
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,300 Ft²
$433,892
RealtyHop Estimate
128.48%
Since Aug 1, 2003
National-US
Primary Model

About This Property

GRASS LANE GO 1 BLOCK TO L ON MARSH RABBIT WAY. WELL KEPT ALL BRICK HOME ONBEAUTIFUL LAGOON. HOME FEATURES LOTS OF TILE AND PLENTY OF SPACE FOR ANY HOME OWNER. INCLOSED PORCH ADDS SPACE FOR OFFICE, PLAY AREA OR AFTERNOON NAPS! ENJOY THE BACK DECK AND SEE WILD LIFE LIVING OFF THE LAGOON. PACE ISLAND HAS POOLS, TENNIS, NATURE AREAS, BIKE AND WALKING PATHS.HOME IS IN A PLUS SCHOOL ZONE. MAKE YOUR A
Unit Size
2,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$83
Property Type
House
Property Taxes
-
HOA Dues
$88
Year Built
1993

Payment Calculator

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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 #169662)

Price History

Date / Event Date Event Price
Jul 23, 2003 Sold
Premium
Sold
May 28, 2003 Listed by EXIT MAGNOLIA POINT REALTY $189,900
Listed by EXIT MAGNOLIA POINT REALTY

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • 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: 2
  • 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: 441
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,363
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,804
  • Gross Building Area: 2,804
  • Building Area: 2,103
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,103
  • 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: 0000000192
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 21 PACE ISLAND UNIT 4 REPLAT AS REC OR 2233 PG 1801

Neighborhood

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

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 1404-E2
  • Parcel: 28-04-26-013153-002-97
  • Lot: 21
  • Meridian: SEC 28 TWN 04S RNG 26E
  • Municipality: UNINCORPORATED
  • Latitude: 30.1208
  • Longitude: -81.7092

    Address

  • Full Address: 1509 Marsh Rabbit Way
  • Legal Unit: 4
  • Address - House Number: 1509
  • 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: 2,804
  • Tax Year: 2022
  • Tax Amount: $257,942
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 77
  • Final Value: 443,515
  • High Value: 521,185
  • Low Value: 365,844

    Market Valuation

  • Market Total Value: $310,996
  • Market Land Value: $50,000
  • Market Improvement Value: $260,996

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $195,139

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 08, 2003
  • Current Sale Recording Date: Jul 23, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 200349106
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

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 5509 Bloomwood Court, Fleming Island, FL, 32003

$2,385 /mo

  • 3 Beds
  • 2 Baths
  • 1,927 ft²
5509 Bloomwood Court, Fleming Island, FL, 32003 Listing by ALEXANDRA ALTOMARE
Unit for rent at 2243 Trailwood Drive, Fleming Island, FL, 32003

$2,200 /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: CHERYL ROYAL, EXIT MAGNOLIA POINT REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 169662
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 1509 Marsh Rabbit Way built and last sold?
The property at 1509 Marsh Rabbit Way was built in 1993 and last sold on Jul 8, 2003 for $187,000.
How much is this home worth?
The estimated value of the home located at 1509 Marsh Rabbit Way is $0.
What are some comparable homes to 1509 Marsh Rabbit Way?
There are currently no comparable homes to 1509 Marsh Rabbit Way.
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