218 TARPON Boulevard
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%.
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 |
|---|---|---|---|
| Mar 24, 2026 | Sold | ||
| Sold | |||
| Feb 19, 2026 | In contract | - | |
| In contract | |||
| Sep 25, 2025 | Listed by COLDWELL BANKER BEN BATES INC | $64,900 | |
| Listed by COLDWELL BANKER BEN BATES INC | |||
| Jul 31, 2025 | In contract | - | |
| In contract | |||
| Jul 23, 2025 | Listed | $59,900 | |
| Listed | |||
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Nestled along the serene banks of a winding canal, this 0.33 Acre Double Lot of undeveloped land offers boundless possibilities. With direct access to the St. Johns River, nature enthusiasts and dreamers alike will find solace in its untouched beauty. The property boasts a generous stretch of waterfront (roughly 130ft). Imagine kayaking, boating, or fishing right from your backyard! The site is partially cleared, leaving a blank canvas for you to build your very own waterfront sanctuary, create a relaxing weekend getaway, or hold onto this gem as an investment knowing that waterfront properties appreciate over time! Property is serviced by a local water utility. Whether you seek a quiet escape or a legacy to pass down, this undeveloped land is your blank page—a story yet to be told!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017