$725,000
●
Land -
Off Market
2388 MOREMEN Road
St Johns, FL 32259
Studio
0 Bath
$3,560
Est. Monthly
About This Property
Breathtaking 9.83 acre parcel with 530 feet on the river featuring
a private dock and boathouse. Situated on a high bluff, the
panoramic views are spectacular! A canopy of century old oak
trees gives you the yesteryear feel of ''Old Florida'' and makes
this property the perfect family retreat. Zoned for horses.
Excellent waterfront opportunity in desirable
Switzerland/Fruit Cove area. Artesian well on property.
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9.83 acres
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100% Occupancy
N/A (extreme outlier) 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: 2 years ago (Real MLS #677072)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 30, 2013 | Listed by RE/MAX SPECIALISTS | $725,000 | |
| Listed by RE/MAX SPECIALISTS | |||
| Jul 13, 2012 | Listed by RE/MAX SPECIALISTS | $1,297,000 | |
| Listed by RE/MAX SPECIALISTS | |||
| | |||
|
Come home and enjoy this beautiful ''low country'' brand new home situated high on a bluff overlooking the magnificent St. Johns River! Sitting on a 9.83 acre parcel, this ''green built'', energy efficient beauty will feature 6 br's/4 baths, play room, bonus room, and a 3 car garage. Price to include allowances of 25k in roadway improvements, 25k for cabinets, 7k for countertops, and 9k for appliances. Flooring to include elegant wood flooring in foyer, dining, study, family rm, kitchen/nook, hallways, playroom and both sets of stairs. Come build our plans or yours!
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| Jun 27, 2012 | Listed by RE/MAX SPECIALISTS | $777,000 | |
| Listed by RE/MAX SPECIALISTS | |||
| | |||
|
Breathtaking 9.83 acre parcel with 530 feet on the river featuring a private dock and boathouse. Situated on a high bluff, the panoramic views are spectacular! A canopy of century old oak trees gives you the yesteryear feel of ''Old Florida''. Property could be subdivided into 2 lots. Zoned for horses. Excellent waterfront opportunity in desirable Switzerland/Fruit Cove area. Artesian well on property.
| |||
| Oct 5, 2011 | Listed by RE/MAX SPECIALISTS | $777,000 | |
| Listed by RE/MAX SPECIALISTS | |||
| | |||
|
Breathtaking 9.83 acre parcel with 530 feet on the river featuring a private dock and boathouse. Situated on a high bluff, the panoramic views are spectacular! A canopy of century old oak trees gives you the yesteryear feel of ''Old Florida''. Property could be subdivided into 2 lots. Zoned for horses. Excellent waterfront opportunity in desirable Switzerland/Fruit Cove area.
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| Oct 4, 2010 | Listed by WATSON REALTY CORP | $950,000 | |
| Listed by WATSON REALTY CORP | |||
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9.83 ACRES ON RIVERFRONT HIGH BLUFF WITH DOCK & PANORAMIC WATER VIEWS! SPECTACULAR SUNSETS WITH 520 FEET ON THE RIVER. INCREDIBLE CENTURY OLD OAK TREES & “OLD FLORIDA FEEL” PRIVATE SETTING. PROPERTY COULD POSSIBLY BE DIVIDED INTO 2 LOTS. ZONED FOR HORSES. WONDERFUL WATERFRONT OPPORTUNITY IN DESIRABLE SWITZERLAND/FRUIT COVE AREA IS A GREAT PLACE TO CALL HOME!
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About Fruit Cove
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Listed by: TERRY SADOWSKI, RE/MAX SPECIALISTS
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 677072
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.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 677072
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