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1570 RIVER RISE Point
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 |
|---|---|---|---|
| Jun 30, 2026 | Listed by WATSON REALTY CORP | $765,000 | |
| Listed by WATSON REALTY CORP | |||
| May 28, 2026 | Price Decreased |
$777,000
↓ $13K
(1.7%) | |
| Price Decreased | |||
| May 5, 2026 | Price Decreased |
$790,000
↓ $40K
(4.8%) | |
| Price Decreased | |||
| Mar 21, 2026 | Price Decreased |
$830,000
↓ $20K
(2.4%) | |
| Price Decreased | |||
| Nov 21, 2025 | Listed by BEYCOME OF FLORIDA LLC | $850,000 | |
| Listed by BEYCOME OF FLORIDA LLC | |||
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Make your dream of waterfront living a reality! Take advantage of this rare opportunity to own one of the last remaining waterfront acreages on Fleming Island. Build your dream home on this enchanting property overlooking the widest expanse of the St. John's River and customize the landscape to your own vision. Located at the end of a long private road that winds through carefully selected trees, it is graced with a quiet slough that provides a calm place to launch a kayak or paddleboard. Build your dream dock just steps away from your home. Featuring two cleared and root-raked pad sites, the primary homesite is surrounded by mature live oak and magnolia trees and opens to stunning views of the river. A secondary pad site is designed for a detached garage or in-law suite. City water and sewer are available or opt to drill a well. This property delivers endless possibilities for luxury waterfront living and the serene setting will provide generations memories that will last forever.
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About Fleming Island
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,755 /mo
- 4 Beds
- 3 Baths
- 2,500 ft²
$7,500 /mo
- 5 Beds
- 4 Baths
- 4,696 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017