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3316 STATE ROAD 207
About This Property
Here's your chance to own a MOSTLY CLEARED homesite in the heart of Elkton, conveniently located right off County Road 207 with easy access to St. Augustine, Palm Coast, and I-95.
Whether you're ready to build your dream home, invest in land, or secure property for the future, this lot offers endless potential. The parcel is mostly cleared, helping you get one step closer to bringing your vision to life.
Even better, buyers have the unique opportunity to purchase BOTH ADJACENT LOTS together for just $60,000!!!!!
(Parcel #1389700000 and Parcel #1389700120)
Offering additional space, flexibility, and long-term investment potential. Seller financing is available making this an even more attractive opportunity.
Buyer to verify zoning, land use, utility availability, and all building requirements with St. Johns County.
Don't miss your chance to own land in one of Northeast Florida's growing areas!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017