3731 WESTOVER Road
About This Property
The centerpiece of this property is the impressive 120 feet of riverfront, providing you with direct access to the gentle currents and endless recreational possibilities. Whether you're an avid boater, enjoy fishing excursions, or simply relish in the tranquility of the water, this riverfront retreat is sure to delight.
All of the prep work has been done, lot is ready to start building. A recently built bulkhead adds both functionality and charm, offering stability to the shoreline while blending seamlessly with the picturesque landscape. Picture yourself strolling along the water's edge, watching the sun dance upon the ripples, or basking in the peaceful ambiance as you sip your morning coffee.
Complementing the bulkhead is a private dock and boat lift (10k lbs), catering to your boating desires and making every waterfront adventure effortlessly accessible. Imagine setting sail from the comfort of your own property, exploring the river's hidden gems, or relishing in the company of loved ones on unforgettable sunset cruises.
From every angle, this property offers mesmerizing river views, allowing you to indulge in the ever-changing tapestry of colors and textures that nature effortlessly paints across the water. Whether it's a vibrant sunrise, a leisurely boat parade, or the soothing sounds of wildlife, this idyllic setting promises to soothe your soul and create lasting memories.
As you plan your dream home, this one-acre lot provides the perfect canvas to bring your vision to life. Whether you envision a charming cottage, a modern architectural masterpiece, or a tranquil retreat, the possibilities are endless. You'll have the freedom to design your sanctuary in harmony with the natural beauty that surrounds you, maximizing both comfort and aesthetic appeal.
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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 |
|---|---|---|---|
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Jun 30, 2023 | Listed by COLDWELL BANKER VANGUARD REALTY | $900,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Apr 14, 2023 | Listed by KEYS REALTY REDEFINED | $970,000 | |
| Listed by KEYS REALTY REDEFINED | |||
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Build your dream home on this spectacular 1-acre lot situated on the St. Johns River (124 water frontage), featuring a recently built bulkhead, dock and boat lift. Located in a serene and peaceful neighborhood with no HOA or CDD fees, this parcel of land is ready for you to build your custom home or vacation retreat. Imagine waking up to the tranquil sounds of the river and enjoying your morning coffee while taking in the stunning sun rise! With breathtaking views of the water and plenty of space for your dream home, this property is truly a rare gem.
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| Jul 21, 2022 | Sold | ||
| Sold | |||
| Jun 22, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017