2360/2362 SANDY RUN Drive N
About This Property
High bank in area NOT ZONED for mobile homes. Surveys can be found under Documents. Reduction of sales price - $10,000 from $170,000 to $160,000, takes into consideration any building expenses relative to elevations. Lots are high and dry.
Building in Clay county requires an Impact Fee of $7034 per single family unit. Each of these lots is buildable and could have their own septic system.
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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 |
|---|---|---|---|
| Feb 19, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 8, 2024 | Price Decreased |
$205,000
↓ $15K
(6.8%) | |
| Price Decreased | |||
| Jul 19, 2024 | Listed by BETROS REALTY INC | $220,000 | |
| Listed by BETROS REALTY INC | |||
| | |||
|
With over 200 feet of waterfront, this lot is the perfect place to build your dream home! Located on a point in the South Prong of Black Creek, the location is amazing. Mobile Homes not allowed. Survey attached under Documents. Lot has been partially cleared and is easy to walk.
| |||
| Jun 14, 2022 | Sold | ||
| Sold | |||
| Mar 12, 2021 | Listed by HAVENSIDE PROPERTIES | $160,000 | |
| Listed by HAVENSIDE PROPERTIES | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017