1945 TOMAS Drive
About This Property
Near boat ramp & pool
Large corner lot
Navigable waterway, tidal canal at low tide
Great fishing, flounder, redfish, sailor's delight and so much more...
bird watchers paradise seasonal migration
*Deep portable well lime-rock pocket with zoned irrigation system & pump house
* Portable well can furnish home with water during storms or water outages
Oversized masonry fireplace with large outdoor ash-dump. Currently fitted with gas logs system and remote control.
Generator plugin setup for emergency power during storm outages for power home essential and well.
Great Community, large lots, boat ramp, swimming pool, playground with clubhouse all on the water. HOA $500 a year
Great location Spanish Point is nestled in Timucuan Ecological and Historic Preserve great for hiking to Fort Caroline, bird watching over 600 acres of native trees nature, grassland, framed with the St John's River and the Intercostal waterway's
10 minutes to the beaches, Mayport, St. Johns River Ferry, 15 minutes to downtown.
20 golf courses with in 20 minutes
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Oct 2, 2024 | No longer available | - | |
| No longer available | |||
| Jul 10, 2024 | In contract | - | |
| In contract | |||
| Jun 24, 2024 | Listed by FLORIDA HOMES REALTY & MTG LLC | $639,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
Property Highlights
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017