406 NE STATE ROAD 16
About This Property
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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%.
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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 |
|---|---|---|---|
| Jan 15, 2018 | Sold | ||
| Sold | |||
| Jul 31, 2017 | Listed | $63,900 | |
| Listed | |||
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Come see this like new 4 BD/2 BA mobile home. This home has a spacious living area with separate family room. Master bedroom has a walk-in closet and the bathroom has a walk-in shower with a big garden tub to relax in after a long day. This property is conveniently located in between Gainesville and Jacksonville. Close to Camp Blanding and only 20 minutes away from Middleburg. Seller financing is offered through owner, 21st Mortgage Corporation.The manager has listed the unit size as 1620 square feet.
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| Jun 24, 2016 | Listed by CW REALTY | $63,900 | |
| Listed by CW REALTY | |||
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Come see this like new 4 BD/2 BA mobile home. This home has a spacious living area with separate family room. Master bedroom has a walk-in closet and the bathroom has a walk-in shower with a big garden tub to relax in after a long day. This property is conveniently located in between Gainesville and Jacksonville. Close to Camp Blanding and only 20 minutes away from Middleburg. Seller financing is offered through owner, 21st Mortgage Corporation.
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| Mar 2, 2011 | Listed by WATSON REALTY CORP | $84,995 | |
| Listed by WATSON REALTY CORP | |||
| Apr 17, 2009 | Listed by WATSON REALTY CORP | $94,900 | |
| Listed by WATSON REALTY CORP | |||
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Like new MH with 4 bedrooms and 2 baths. Stone fireplace, living room, family room w/built in entertainment center, lots of cabinet space, walk in closet, garden tub with separate shower in MB, double paned windows, home warranty, window treatments and much more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017