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Bellair-Meadowbrook Terrace 32073 Bellair-Meadowbrook Terrace
298 LEE Drive
$165,000
● House - Off Market

298 LEE Drive

Orange Park, FL 32073
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,104 Ft²
$830
Est. Monthly
18.75%
Cap Rate

About This Property

MULTIPLE OFFERS!!  Please check doc tab for Multiple Offer Notice. Fantastic investment opportunity in the heart of Orange Park! This 3-bedroom, 1.5-bath concrete block home sits on a large corner lot, complete with a one-car carport. Located directly across the street from Orange Park Mall and just minutes to I-295, the property offers unbeatable convenience to shopping, dining, and major highways. Whether you're looking to add to your rental portfolio or renovate and resell, this home is full of potential. Don't miss out on this prime Orange Park location!  Property sold As Is.  Seller has never lived in property and has no knowledge of property condition except for 4pt inspection located in Doc Tab.
Unit Size
1,104 Ft²
Days on Market
76 days
Land Size
0.25 acres
Price per sqft
$149
Property Type
House
Property Taxes
$19
HOA Dues
-
Year Built
1963

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 10 months ago (Real MLS #2108436)

Price History

Date / Event Date Event Price
Dec 2, 2025 Sold
Premium
Sold
Oct 12, 2025 In contract -
In contract
Aug 29, 2025 Listed $165,000
Listed
Coming Soon! Investor Special!

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,759
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 980
  • Total Building Area: 1,672
  • Gross Building Area: 1,672
  • Building Area: 1,104
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,104
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWBROOK UNIT 4
  • Land Acres: 0000000247
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 90 MEADOWBROOK UNIT 4 AS REC OR 1466 PG 1828

Neighborhood

  • School District Name: Clay County School District
  • Census Tract: 030305

Geography

  • Assessors Map Reference: 1216-B7
  • Parcel: 06-04-26-011147-000-00
  • Lot: 90
  • Meridian: SEC 06 TWN 04S RNG 26E
  • Municipality: UNINCORPORATED
  • Latitude: 30.1836
  • Longitude: -81.7408

    Address

  • Full Address: 298 Lee Dr
  • Legal Unit: 4
  • Address - House Number: 298
  • Address - Street Name: Lee
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Orange Park
  • Carrier Code: C032
  • 4-Digit Zip Code: 2514
  • Zip Code: 32073

Valuation

    Tax

  • Total Area: 1,672
  • Tax Year: 2022
  • Tax Amount: $21,801
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1653
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 79
  • Final Value: 209,393
  • High Value: 244,017
  • Low Value: 174,768

    Market Valuation

  • Market Total Value: $106,182
  • Market Land Value: $20,000
  • Market Improvement Value: $86,182

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,193

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bellair-Meadowbrook Terrace

Stats & Trends

Median Asking:

$259,950

Sale Price/ft²

$179

Below Asking

0.02%

Average Days on Market

63

Average Home Size

1736 ft²

Average Home Age

45.6 years

Currently For Sale

62 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2295 Foxwood Drive, Orange Park, FL, 32073

$2,895 /mo

  • 4 Beds
  • 2 Baths
  • 2,166 ft²
2295 Foxwood Drive, Orange Park, FL, 32073 Listing by BRIAN CORCORAN

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: SHANNON MCKINNON, BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Last Updated: 10 months ago
Data Source: Real MLS, MLS# 2108436
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.

Frequently Asked Questions

When was property at 298 Lee Drive built and last sold?
The property at 298 Lee Drive was built in 1963 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 298 Lee Drive is $0.
What are some comparable homes to 298 Lee Drive?
There are currently no comparable homes to 298 Lee Drive.
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