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Nassau 32011
35265 CHESTNUT Lane
$355,000
● House - Off Market

35265 CHESTNUT Lane

Callahan, FL 32011
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,567 Ft²
$583,130
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Custom built concrete block home on 10 secluded acres, fully fenced, with approx. 2 acre stocked pond. Secluded private driveway.  Formerly used as a plant nursery with a 25 x 80 detached Red Iron Steel garage (two 16ft doors), multiple out buildings and pole barn. Property has 3 wells, 2 power poles and 3 separate electric meters.  House has over-sized rooms, custom oak cabinets, Corian counters, and custom gun safe.  Conveniently located close to Jax Airport and shopping. Low maintenance concrete construction.  Must see!
Unit Size
3,567 Ft²
Days on Market
-
Land Size
-
Price per sqft
$107
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2003

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 2 years ago (Real MLS #924969)

Price History

Date / Event Date Event Price
Apr 18, 2018 Sold
Premium
Sold
Mar 8, 2018 Listed by WATSON REALTY CORP $380,000
Listed by WATSON REALTY CORP
Jun 13, 2014 Sold
Premium
Sold
May 9, 2014 Listed by WATSON REALTY CORP $349,999
Listed by WATSON REALTY CORP

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 6
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 324
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 435,600
  • Total Building Area: 3,567
  • Gross Building Area: 3,567
  • Building Area: 3,567
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,567
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000010000
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: PT OF N1/2 OF NE1/4 IN OR 2190/1366 PARCELS 1-8 & 1-9 GRANT OF ESMT IN OR 2634-22

Neighborhood

  • School District Name: Nassau County School District
  • Census Tract: 050507

Zoning

  • Zoning: OR

Geography

  • Assessors Map Reference: MAP 2D/23N
  • Parcel: 23-2N-24-0000-0001-0080
  • Block: 80
  • Lot: 1
  • Meridian: SEC 23 TWN 02N RNG 24E
  • Municipality: DRAIN DIST
  • Latitude: 30.5821
  • Longitude: -81.87

    Address

  • Full Address: 35265 Chestnut Ln
  • Address - House Number: 35265
  • Address - Street Name: Chestnut
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Callahan
  • Carrier Code: R007
  • 4-Digit Zip Code: 3108
  • Zip Code: 32011

Valuation

    Tax

  • Total Area: 3,842
  • Tax Year: 2023
  • Tax Amount: $384,874
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.1711
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 738,606
  • High Value: 865,042
  • Low Value: 612,170

    Market Valuation

  • Market Total Value: $593,428
  • Market Land Value: $174,000
  • Market Improvement Value: $419,428

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $281,019

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 16, 2018
  • Current Sale Recording Date: Apr 18, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201811865
  • Previous Sale Recording Date: Jun 13, 2014
  • Previous Sale Contract Date: Jun 12, 2014
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: 71
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 Nassau

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$237

Below Asking

0.02%

Average Days on Market

95

Average Home Size

2173 ft²

Average Home Age

17.6 years

Currently For Sale

481 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

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Real MLS

Listed by: KIMBERLY SMITH, WATSON REALTY CORP
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 924969
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 35265 Chestnut Lane built and last sold?
The property at 35265 Chestnut Lane was built in 2003 and last sold on Apr 16, 2018 for $355,000.
How much is this home worth?
The estimated value of the home located at 35265 Chestnut Lane is $405,244.
What are some comparable homes to 35265 Chestnut Lane?
There are currently no comparable homes to 35265 Chestnut Lane.
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