5345 PINE Avenue
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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 |
|---|---|---|---|
| Nov 6, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 22, 2024 | Price Decreased |
$934,900
↓ $15K
(1.6%) | |
| Price Decreased | |||
| Oct 4, 2024 | Listed by GW FLORIDA REAL ESTATE | $949,900 | |
| Listed by GW FLORIDA REAL ESTATE | |||
| | |||
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Waterfront living at its finest on Fleming Island! This beautifully renovated Cape Cod-style home on 0.61 acres is perfectly positioned w/ 90 feet of river frontage on the St. Johns River. Designed w/ indoor-outdoor living in mind, you'll enjoy unobstructed views of the water throughout the home & can even watch the manatees from your own yard! With 4 bedrooms & 2 bathrooms, this stunning home is teeming w/ features you'll love including an open floor plan ideal for entertaining, an updated kitchen w/ quartz countertops & high-end GE Cafe appliances, two main-level bedrooms that share a recently remodeled bathroom w/ walk-in shower, a laundry room w/ a dumbwaiter to conveniently carry clothes between floors, & a tranquil primary suite on the second level w/ a large walk-in closet clad w/ cedar walls, a chic revamped bathroom w/ a double vanity & luxurious shower, & a private screened balcony overlooking the river. Don't miss the flex room on the second level, which could serve as a great office or bedroom. Additional updates include tile flooring throughout & fresh interior & exterior paint. Outside, you will be captivated by the long-range views, which can be taken in from the screened-in porch, hot tub (2021), or the expansive paver patio w/ a built-in firepit & ample space for lounging & dining. Home also has a boat launch w/ an electric winch system for a small boat or jet ski & is set up for a whole-house generator. Come & live your dream river life! Home is NOT in a flood zone! BUYERS APPROVED W/ PREFERRED LENDER CAN RECEIVE UP TO 1% OF PURCHASE PRICE LENDER CREDIT TOWARDS BUYERS CLOSING COSTS & PREPAIDS.
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| Dec 1, 2022 | Sold | ||
| Sold | |||
| Jul 22, 2022 | Listed by COMPASS FLORIDA LLC | $815,000 | |
| Listed by COMPASS FLORIDA LLC | |||
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About Fleming Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017