4730 CEDAR POINT Road
About This Property
In 1943, National Association of Realtors president Cyrus Crane Willmore declared in a speech before the association's Board of Directors: "Property ownership is fundamental to our way of life. The first five words of our Code of Ethics should be impressed upon the minds of every man, woman and child in our country. They are, 'Under all... is the Land.'"
With easy access to I-295 & Dames Point, you can be anywhere in town in 30 minutes or less! Very near the new River City Marketplace for all types of shopping, the Jacksonville International Airport, the new UF Health medical facility, the Jacksonville Zoological Gardens, area beaches and more.
Be sure to check out the Wm. F. Sheffield Regional Park featuring three basketball courts, a picnic pavilion with grills, two soccer and football multi-use fields, a fishing pier, a canoe launch, asphalt trails, concessions and rest rooms.
Just up the road a bit is the Betz Tiger Point Preserve, "surrounded by awe inspiring broad expanses of saltwater marsh. Stunning scenic views as well as abundant wildlife can be seen in this natural setting. With its adjoining neighbor, Pumpkin Hill Creek Preserve State Park, visitors can enjoy miles of nature trails for hiking, biking and equestrian use, kayak/canoe areas, and ample fishing. Use the canoe launch a few hundred feet south of the Preserve to launch your canoe and explore the salt marshes."
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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 17, 2016 | Sold | ||
| Sold | |||
| May 9, 2016 | Listed by LISA DUKE REALTY LLC | $74,900 | |
| Listed by LISA DUKE REALTY LLC | |||
| Jun 23, 2014 | Listed by UNITED REAL ESTATE GALLERY | $265,900 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
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Custom-built Modular Home Built to Suit on this 1.34 gorgeous fenced parcel with plenty of shade trees. Complete with well, septic and power pole from old mobile home that can be moved off when purchased. 2 car block garage with electric, water and separate room for Man-Cave or office. Small pond in rear of property - this is country living at its best yet still close to Airport, River City Marketplace, and all major highways. 30 minutes to Kings Bay, GA, Orange Park, and Town Center. Only 20 minutes from downtown Jacksonville. PLEASE NOTE THIS IS A MODULAR HOME - NOT A MOBILE HOME. BUYER TO VERIFY ZONING, IMPROVEMENTS, ETC. AND WHAT IS IMPORTANT IN THEIR PURCHASE. IF ONLY INTERESTED IN LAND, SEE MLS #722307
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| Jun 8, 2014 | Listed by UNITED REAL ESTATE GALLERY | $69,900 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
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Peaceful country living yet close to shopping, schools and all major interstates. Beautiful fenced lot with plenty of shade trees complete with well, septic and power pole.
1980 Doublewide Manufactured Home on property that needs alot of work. No value placed in the doublewide - value based on land, garage and improvements. Doublewide is great for the Handyman or replace with a new custom built home. 2 car block garage with electric and water with separate room for an office. Small pond in rear of property. Buyer to verify condition of well, septic, power and anything important to them - has only been vacant a few months - was used as a rental. See MLS #724445 with builder spec home on property
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| Oct 30, 2013 | Sold | ||
| Sold | |||
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About Northside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017