$808,000
●
House -
Off Market
501 PENMAN Road
Neptune Beach, FL 32266
4 Beds
3 Baths,
1
Half Bath
2,744 Ft²
$859,853
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
Come enjoy the beach lifestyle at this completely renovated ranch
home. The industrial style details and updates make this home
truly unique. Enter and your eye is drawn to the spectacular
kitchen with luxury appliances, open shelving and a huge island.
The Owner's Suite features exposed beams and an en suite bath with
a soaking tub and separate shower that may be enclosed for the
steam shower. The theatre room features stadium seating ,bar and a
garage door style window that opens the space to the heated
/chilled pool. Perfect for entertaining! An additional three
bedrooms, office and two full baths complete the indoor living
area. Outdoors the double gated backyard provides space for your
boat/jet skis, and the detached single car garage has enhanced
electric. Pls see supplement!
Unit Size
2,744 Ft²
Days on Market
84 days
Land Size
-
Price per sqft
$310
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961
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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: 10 months ago (Real MLS #1159953)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 17, 2022 | Sold | ||
| Sold | |||
| Mar 25, 2022 | Listed by EXIT 1 STOP REALTY | $850,000 | |
| Listed by EXIT 1 STOP REALTY | |||
| Apr 4, 2016 | Sold | ||
| Sold | |||
| Nov 10, 2015 | Listed by EXIT 1 STOP REALTY | $229,000 | |
| Listed by EXIT 1 STOP REALTY | |||
| Jan 27, 2009 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $225,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| | |||
|
What a wonderful home! This concrete block 3/2 has fresh paint inside and out, as well as new carpet. The kitchen and bathrooms have also been recently spruced up - and you're so close the beach!
Large screened porch overlooks the large backyard, big enough for a pool -you won't believe the home you're getting for this price! City of Neptune Beach Permits
1 - Plumbing (re-ran sewer) 2005
2 - Well and Irrigation 2005
3 - Ductwork 2004
4 - partial re-roof (partially modify flat roof) 2004
| |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Beaches
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Listed by: Walter Collins, EXIT 1 STOP REALTY
Last Updated: 10 months ago
Data Source: Real MLS, MLS# 1159953
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.
Last Updated: 10 months ago
Data Source: Real MLS, MLS# 1159953
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