$450,000
●
House -
Off Market
1615 RICHARDSON Lane
Atlantic Beach, FL 32233
3 Beds
2 Baths
1,125 Ft²
$2,284
Est. Monthly
About This Property
Location - location. Bike, jog or LSV to the ocean from this 3/2
beach cottage only 1 mile/6 blocks to the highly desirable sandy
shores of beautiful Atlantic Beach and Atlantic Beach Community
Center/tennis courts.
Recently professionally painted. New -updated kitchen being installed shortly.
Quiet, treed neighborhood convenient to shops, parks, restaurants, Navy Base at Mayport and the beach. Privacy fenced yard and ceramic tile throughout . Built in 1999, the open kitchen has stainless flat top stove and built in microwave with new custom counter tops and stainless steel dishwasher.
Indoor laundry,custom ceiling fans, custom faucets and custom light fixtures throughout. NEW roof 12/2023.
Recently professionally painted. New -updated kitchen being installed shortly.
Quiet, treed neighborhood convenient to shops, parks, restaurants, Navy Base at Mayport and the beach. Privacy fenced yard and ceramic tile throughout . Built in 1999, the open kitchen has stainless flat top stove and built in microwave with new custom counter tops and stainless steel dishwasher.
Indoor laundry,custom ceiling fans, custom faucets and custom light fixtures throughout. NEW roof 12/2023.
Unit Size
1,125 Ft²
Days on Market
-
Land Size
-
Price per sqft
$413
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999
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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: 2 years ago (Real MLS #1260442)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Dec 6, 2023 | Listed by JOHN WOLFEL REAL ESTATE LLC | $465,000 | |
| Listed by JOHN WOLFEL REAL ESTATE LLC | |||
| Feb 27, 2021 | Listed by JOHN WOLFEL REAL ESTATE LLC | $369,000 | |
| Listed by JOHN WOLFEL REAL ESTATE LLC | |||
| | |||
|
Location - location. Bike, jog or LSV to the ocean from this 3/2 beach cottage only 1 mile/6 blocks to the highly desirable sandy shores of beautiful Atlantic Beach and Atlantic Beach Community Center/tennis courts.
Quiet, treed neighborhood convenient to shops, parks, restaurants, Navy Base at Mayport and the beach. Privacy fenced yard and ceramic tile throughout . Built in 1999, the open kitchen has stainless flat top stove and built in microwave with new custom counter tops and stainless steel dishwasher.
Indoor laundry, fresh paint throughout, custom ceiling fans, custom faucets and custom light fixtures throughout. Seller has scheduled to replace the roof.
| |||
| Jul 24, 2014 | Sold | ||
| Sold | |||
| May 15, 2014 | Listed by JOHN WOLFEL REAL ESTATE LLC | $69,900 | |
| Listed by JOHN WOLFEL REAL ESTATE LLC | |||
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Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Beaches
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Listed by: JOHN WOLFEL, JOHN WOLFEL REAL ESTATE LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1260442
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: 2 years ago
Data Source: Real MLS, MLS# 1260442
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