16121 SAWPIT Road
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%.
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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.
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 8, 2011 | Sold | ||
| Sold | |||
| Jun 1, 2009 | Listed by BINGEMANN REALTY SALES, INC. | $68,875 | |
| Listed by BINGEMANN REALTY SALES, INC. | |||
| May 12, 2009 | Listed by BINGEMANN REALTY SALES, INC. | $137,750 | |
| Listed by BINGEMANN REALTY SALES, INC. | |||
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Undeveloped, pristine 4.75 acres +/- with approximately 310' on Sawpit Road. Can be divided & sold as two parcels or sold as one. (MLS 486524) No HOA. Zoned for horses. Boat & RV parking ok. Black Hammock Island is bordered by the Timucuan Preserve, Nassau River, close to boat ramps & fishing. Seller may consider financing with favorable offer. City svcs, cable available. Walk at will. No trails. Seller will consider financing with favorable offer and terms. Can be sold/divided as 2 parcels of approximately 2.375 acres each (A & B combined - see Documents - approximately 157' x 647'). Septic & well in Black Hammock. City Park and Jacksonville Fire & Rescue Station located about 3 minutes south of the property. No environmental issues known. Buyer should do diligence to satisfy Buyer land is suitable to use as desired.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017