3223 DOCTORS LAKE Drive
About This Property
1.93 acres. The kitchen has been remodeled. Tile in Kitchen and some original hardwood floors in living areas and bedrooms. The attached 2 car garage was converted to an office., and additional one bedroom and 1/2 bath. There is a detached 2 car garage that has been converted to 1 bedroom 1 bath with kitchen and living room. No HOA or CDD.
Lot can be split. Specific information and contacts for Clay County are located on document tab entitled offer instructions.
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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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Mar 19, 2024 | Listed by WATSON REALTY CORP | $775,000 | |
| Listed by WATSON REALTY CORP | |||
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Morning sunrise views are amazing at this Dr's Inlet waterfront property! Dock with boat lift. 1.93 acres. The kitchen has been remodeled. Tile in Kitchen and some original hardwood floors in living areas and bedrooms. The attached 2 car garage was converted to an office., and additional one bedroom and 1/2 bath. There is a detached 2 car garage that has been converted to 1 bedroom 1 bath with kitchen and living room. No HOA. or CDD.
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| Jul 18, 2022 | Listed by WATSON REALTY CORP | $1,100,000 | |
| Listed by WATSON REALTY CORP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017