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Fleming Island 32003
1981 Summit Ridge
$595,275
● House - Off Market

1981 Summit Ridge

Orange Park, FL 32003
bedrooms
5 Beds
bathrooms
4 Baths
square feet
3,977 Ft²
$1,003,761
RealtyHop Estimate
69.16%
Since Apr 1, 2006
National-US
Primary Model
Unit Size
3,977 Ft²
Days on Market
-
Land Size
-
Price per sqft
$149
Property Type
House
Property Taxes
-
HOA Dues
$168
Year Built
2006

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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%.

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: 3 years ago (Real MLS #245948)

Price History

Date / Event Date Event Price
Jan 10, 2019 Sold
Premium
Sold
Mar 23, 2006 Sold
Premium
Sold
May 19, 2005 Listed by EAGLE HARBOR REALTY $593,365
Listed by EAGLE HARBOR REALTY

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 735
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 111
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 21,148
  • Total Building Area: 5,464
  • Gross Building Area: 5,464
  • Building Area: 4,243
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 4,243
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CYPRESS CREEK
  • Land Acres: 0000000486
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 53 CYPRESS CREEK @ EAGLE HARBOR AS REC OR 4155 PG 2148

Neighborhood

  • School District Name: Clay County School District
  • Census Tract: 030707

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 1499-C1
  • Parcel: 07-05-26-014264-004-53
  • Lot: 53
  • Meridian: SEC 07 TWN 05S RNG 26E
  • Municipality: UNINCORPORATED
  • Latitude: 30.0783
  • Longitude: -81.7331

    Address

  • Full Address: 1981 Summit Ridge Rd
  • Address - House Number: 1981
  • Address - Street Name: Summit Ridge
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Fleming Island
  • Carrier Code: R002
  • 4-Digit Zip Code: 4969
  • Zip Code: 32003

Valuation

    Tax

  • Total Area: 5,464
  • Tax Year: 2022
  • Tax Amount: $1,156,892
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 80
  • Final Value: 783,269
  • High Value: 906,362
  • Low Value: 660,175

    Market Valuation

  • Market Total Value: $618,168
  • Market Land Value: $90,000
  • Market Improvement Value: $528,168

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $618,168
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $528,168

    Sales

  • Current Sale Contract Date: Jan 09, 2019
  • Current Sale Recording Date: Jan 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019001885
  • Previous Sale Recording Date: May 01, 2017
  • Previous Sale Contract Date: May 01, 2017
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Fleming Island

Stats & Trends

Median Asking:

$474,500

Sale Price/ft²

$213

Below Asking

0.02%

Average Days on Market

62

Average Home Size

2219 ft²

Average Home Age

22.8 years

Currently For Sale

94 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2518 Willow Creek Drive, Fleming Island, FL, 32003

$3,300 /mo

  • 4 Beds
  • 3 Baths
  • 2,640 ft²
2518 Willow Creek Drive, Fleming Island, FL, 32003 Listing by JEANNA M SULLIVAN

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: KAREN VALACHOVIC, EAGLE HARBOR REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 245948
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.

Frequently Asked Questions

When was property at 1981 Summit Ridge built and last sold?
The property at 1981 Summit Ridge was built in 2006 and last sold on Jan 9, 2019 for $520,000.
How much is this home worth?
The estimated value of the home located at 1981 Summit Ridge is $0.
What are some comparable homes to 1981 Summit Ridge?
There are currently no comparable homes to 1981 Summit Ridge.
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