1554 ISLAND BREEZE Point
About This Property
3 BR's & 3 full baths. Property includes a guest house/in-law suite that has 1 BR, 1 BA, living room & kitchenette. Custom built in 2004 & meticulously maintained by the original owner. No CDD or HOA. Master suite has a sitting area that is separated by pocket doors that can be used as an exercise area/office. Master bath includes dual vanities, whirlpool tub, walk-in shower with 2 shower heads and his & hers closets. Gourmet kitchen includes stainless steel appliances, breakfast bar & a vast amount of cabinet & counter top space. Family room with fireplace and built-ins. Enjoy the spacious game room with wet bar that looks out to the veranda and screened-in po Lot is 1 acre. "A" rated schools, restaurants and shops are only minutes away. Come and see all that this home has to offer! Buyer will need to verify square footage in detached building.
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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 |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| Feb 7, 2024 | Listed by WATSON REALTY CORP | $719,000 | |
| Listed by WATSON REALTY CORP | |||
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2 houses for 1 sitting on 1 acre in the city of Fleming Island!!! Main house offers 3 bedrooms & 3 full baths plus heated salt water pool. Property includes a guest house/ in-law suite that has 1 bedroom & 1 bath, living room & kitchenette. Main house is a custom built all brick single story home. No HOA or CDD Fees. This home has an entertainment room with a wet bar that will be sure to create some lasting memories with family and friends. Pool Table and TV's in game room stay with house. ''A'' rated schools, restaurants and shops are only minutes away. Come and see all that this home has to offer! Guest house currently being used as an AirBNB income property. Please do not disturb renter in guest house. TV's in Game Room stay with house along with the pool table
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| Jun 27, 2022 | Listed by WATSON REALTY CORP | $789,000 | |
| Listed by WATSON REALTY CORP | |||
| | |||
|
2 houses for 1 sitting on 1 acre in the city of Fleming Island!!! Main house offers 3 bedrooms & 3 full baths plus heated salt water pool. Property includes a guest house/ in-law suite that has 1 bedroom & 1 bath, living room & kitchenette. Main house is a custom built all brick single story home. No HOA or CDD Fees. This home has an entertainment room with a wet bar that will be sure to create some lasting memories with family and friends.
''A'' rated schools, restaurants and shops are only minutes away. Come and see all that this home has to offer!
Guest house could be used as an AirBNB or rental house.
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| Aug 8, 2019 | Sold | ||
| Sold | |||
| Mar 1, 2019 | Listed by WATSON REALTY CORP | $539,200 | |
| Listed by WATSON REALTY CORP | |||
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About Fleming Island
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Last Updated: 6 months ago
Data Source: Real MLS, MLS# 981461
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