$140,000
●
Mobile Manufactured -
Off Market
159 MAGNOLIA Trail
Satsuma, FL 32189
2 Beds
1 Bath
728 Ft²
$147,132
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
Rare find in an amazing LOCATION!!! This move-in ready 2bed/1bath
Fishing Retreat is nestled on a Deep-Water Canal right off of Dunns
Creek less than a minute from the St Johns River! Fully Functional
Covered Boat Lift allows you to House your Boat out of the water
and an additional 225ft+ of Water Frontage affords you Ample
Docking Space for a dozen more water toys! 2ND LOT available next
door would make nearly a quarter-acre (0.23 acres), which affords
you plenty of space for your Outdoor Desires; or use the additional
Buildable Lot to add a 2nd Home or Sell it to recoup some of your
investment. The possibilities are Endless with this little Slice of
Heaven! Home comes fully furnished. Lot next door available, but
not included. Seller only reviewing Cash Offers at this time.
Unit Size
728 Ft²
Days on Market
34 days
Land Size
-
Price per sqft
$201
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
2001
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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: 10 months ago (Real MLS #1219449)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2023 | Sold | ||
| Sold | |||
| Mar 30, 2023 | Listed by IHEART REALTY INC | $146,000 | |
| Listed by IHEART REALTY INC | |||
| Feb 19, 2021 | Sold | ||
| Sold | |||
| Nov 25, 2020 | Listed by FLORIDA HOMES REALTY & MTG LLC | $135,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
| | |||
|
Location is everything with your new home located on Dunns Creek Canal just minutes from the St Johns River. You will enjoy the outdoor life. This home comes fully furnished along with the Outdoor Patio Furniture, with nothing for you to do except move in. There are 200 feet of New bulkhead boards, a New Front Door, a New Awning, and a Hand Rail at the back door. New Glass Top Electric Stove, New Dishwasher, New Refrigerator also a New Washer & Dryer There were new ceiling fans installed in both bedrooms. 3 New TVs The Shed has electric, New PVC water lines with Shut Offs. Waterfront Bulkheads on 2 sides of the Property. The Boathouse Lift has a new motor. There is an updated Pump Motor and Elevated Tank. The Septic Tank was pumped out in 2019 Located at the end of a dead road.
| |||
| Mar 24, 2020 | Listed by IHEART REALTY INC | $148,000 | |
| Listed by IHEART REALTY INC | |||
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Property Highlights
Parking Available
Air Conditioning
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Putnam
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Listed by: CHRISTOPHER CHASE BARNES, IHEART REALTY INC
Last Updated: 10 months ago
Data Source: Real MLS, MLS# 1219449
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.
Last Updated: 10 months ago
Data Source: Real MLS, MLS# 1219449
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