285 TARPON Boulevard
About This Property
Beautiful brand-new canal front property WITH DOCK combining rustic farmhouse style with waterfront luxury's. With 3 spacious bedrooms, 2 full bathrooms, 1,140 sqft, and thoughtful finishes throughout. Worry-Free Living-No need to budget for repairs - this home is freshly built, so you can move in and relax without surprises. 285 Tarpon Blvd is perfect for first-time buyers or anyone looking for affordable waterfront living. Priced BELOW Appraisal - what an incredible opportunity to move in with Instant Equity,. Plus, it's approved for FHA, USDA, and VA financing - making homeownership even more accessible. Located 47 minutes to St. Augustine and 49 minutes to Jacksonville. Give us a call today for your private tour!
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Cap Rate Calculator
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 11, 2026 | Sold | ||
| Sold | |||
| Jan 12, 2026 | In contract | - | |
| In contract | |||
| Nov 7, 2025 | Price Decreased |
$159,000
↓ $21K
(11.6%) | |
| Price Decreased | |||
| Oct 27, 2025 | Price Decreased |
$179,900
↓ $20K
(10%) | |
| Price Decreased | |||
| Apr 21, 2025 | Listed by IHEART REALTY INC | $199,900 | |
| Listed by IHEART REALTY INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017