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31 CIMMARON DRIVE
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2026 | Listed by SEAGATE REAL ESTATE INC | $518,900 | |
| Listed by SEAGATE REAL ESTATE INC | |||
| Sep 12, 2018 | Sold | ||
| Sold | |||
| Jul 23, 2014 | Sold | ||
| Sold | |||
| Feb 20, 2006 | Listed by PARADISE PROPERTIES RE, INC | $219,000 | |
| Listed by PARADISE PROPERTIES RE, INC | |||
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NATURE LOVERS DELIGHT! This is truly a one of a kind property. Rear of lot overlooks a saltwater marsh and front of lot overlooks a canal waterway. The lot has many beautiful palms and is high & dry so not much fill dirt will be needed. With 140' of road frontage this lot is perfect for a LARGE home w/ circular drive or a side garage. One of the last saltwater marsh lots left in Palm Coast.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017