280 RIVER REACH Road
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%.
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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 |
|---|---|---|---|
| Aug 12, 2024 | Sold | ||
| Sold | |||
| Jun 7, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by FLORIDA HOMES REALTY & MTG LLC | $650,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
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Welcome to Paradise!! This gorgeous 3 bed 2 bath open concept pool home in desirable Fleming Island neighborhood is one to see. The backyard is truly an outdoor oasis masterfully crafted with a serene & oversized saltwater pool including a large sundeck, spa with 2400 sq ft of paver outdoor living space. This home sits on an acre of land. Boasting an additional 560 ft of heated/cooled standalone living space which could easily serve as in-law suite, game/flex room or office. Additionally, beautiful, updated kitchen with new range & hood, granite countertops, must see master suite bathroom, & beautiful tile throughout. New roof (2024), AC unit (2016) & tankless water heater (2017). RV & boating enthusiasts will love this large, covered parking space. Other features include 16 by 40 covered pergola, surround sound for entertaining, fireplace, & so much more. This is truly a rare find & a must see.
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| Oct 30, 2008 | Sold | ||
| Sold | |||
| Aug 30, 2008 | Listed by WATSON REALTY CORP | $179,000 | |
| Listed by WATSON REALTY CORP | |||
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Lots of space inside and out!!Spacious 3/2 home on a 1/2 acre lot w/beautiful mature trees. Dramatic vaulted ceiling & fireplace in familyroom. Eat-in kitchen, formal DR, wet bar, tile floors in foyer, kitchen & bathrooms. Roof less than 1 yr old, Water Heater & HVAC only 3 yrs old. Seller Providing 1 Yr Home Warranty! All this home needs is a little TLC to make it shine. This is NOT a short sale!
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About Fleming Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017