1
Map
1620 RIVER ROAD
About This Property
With 102 feet of direct canal frontage and double the waterfront if both lots are purchased, this property delivers breathtaking water access and endless boating possibilities. A deep-water canal accommodates virtually any vessel, with no fixed bridges, allowing effortless access to the open waters of the St. John's River.
Whether you envision a luxury waterfront estate, a boater's paradise, or a peaceful escape surrounded by nature, this homesite offers the location, elevation, and flexibility to bring it to life. Opportunities like this- cleared, build-ready, and seconds from the St. Johns River are increasingly rare. Drive by and bring any offers today!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017