250 MYRA Street
About This Property
Neptune Beach, FL, 32266
Extensive renovation completed in August 2022
Kitchen - open layout, new cabinetry to include waterfall island with storage, new quartz countertops, new GE Monogram appliances (built-in refrigerator, built-in wine cooler, gas range/oven, custom hood, built-in microwave, dishwasher, floating shelves)
Dining - Custom bench with storage (with custom upholstered cushions)
Living Room - Custom built-in shelves with floating cabinet
Bathrooms - All 3 bathrooms fully renovated with new plumbing / accessories / fixtures, tile, bath or shower, and vanities with quartz countertops
All new light fixtures inside and outside house
All new black ceiling fans
Custom Master Closet
New Marvin black windows
New soffit and fascia on house and detached garage
New black gutters on house and detached garage
Mud room - new tile flooring, cabinetry, quartz countertops, and utility sink
Original hardwood floors refinished and stained
Entire house painted (outside and inside)
Changed from electric water heater to Rinnai tank less water heater
New electrical panel in mud room; switched power source from above ground to underground
Foam insulation sprayed in Attic and under floors in crawl space
Partial new drywall but all walls skim coated to LVL 5
Own underground propane tank
Installed artificial turf in backyard
Installed new sod in front yard
Ring floodlight cameras installed on every side of house; Ring doorbell camera at front door
New fence with double gate wide enough for boat storage
Leveled driveway and new granite rock surfacing in front of house
Installed 10 mil vapor barrier in crawl space
AT&T fiber wired into house; IQ Fiber available on Myra St
Two wifi access points wired and installed (upstairs in closet, outside in back yard) for full wifi coverage
Outdoor TV mounted in backyard
Outdoor speakers wired and installed in backyard
Termite Bond and Service with Turner
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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%.
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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 |
|---|---|---|---|
| Jul 18, 2023 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $1,485,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
| Dec 13, 2021 | Sold | ||
| Sold | |||
| Sep 27, 2021 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $985,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
| Jan 15, 1998 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017