3937 ROYAL PINES Drive
About This Property
Developer: East West Partners, developers of the acclaimed Eagle Harbor community on Fleming Island.
Acreage: Over 1,600 acres
Home sites: Over 1,500 single family & over 500 multi-family
Price Range: Single Family homes from $260,000 to over $1 million
Amenities:18 hole championship golf course designed by Clyde Johnston with 6 sets of tees including youth tees.
Golf Clubhouse:
Sports Bar
Indoor and Outdoor Dining
Fully stocked Pro Shop
Staff of PGA Professionals
Resident's Club and Swim Park:
Four pools inc. heated Adult pool
Water playground
Waterslide
1m and 3m diving boards
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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 |
|---|---|---|---|
| May 11, 2022 | Sold | ||
| Sold | |||
| Mar 1, 2022 | Listed by EAST WEST REALTY | $440,000 | |
| Listed by EAST WEST REALTY | |||
| Jan 25, 2013 | Sold | ||
| Sold | |||
| Apr 27, 2012 | Listed by EAST WEST REALTY | $234,000 | |
| Listed by EAST WEST REALTY | |||
| Oct 15, 2009 | Listed by EAST WEST REALTY | $369,900 | |
| Listed by EAST WEST REALTY | |||
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About Oakleaf Plantation
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017