58 EVANS Drive
About This Property
OVERSIZED gourmet kitchen with 8FT butcher block center island adjoins dining room overlooking backyard through bay window doors.
Private entry second stairway leads to 4th BR/private office/in-law/teen (easy to add 4th bath). DRIVE BY AT NIGHT to see house uplighting. (Read additional remarks) HOUSE with 1 ACRE MARSHFRONT has 81FT ROAD FRONTAGE and over 400FT MARSH FRONTAGE with extra-deep 140FT FRONT YARD providing lots of space for a future 3, or 4 CAR side-entry garage allowed by City of Jax Beach (see new survey excluding adjacent 10,000 sq ft lot)
LOW COST FLOOD INSURANCE only $443.annually
Adjacent 10,000SF MARSHFRONT LOT (MLS# 720792) with 90+FT MARSH FRONTAGE and 91ft ROAD FRONTAGE is also available for family compound, owner investment, builder or developer. (see survey)
BUYER of 58 EVANS DRIVE shall have FIRST RIGHT OF REFUSAL to purchase the adjacent 10,000 sq ft marshfront lot.
LOT purchase is subordinate to and subject to sale and closing of home located at 58 Evans Drive.
BOTH properties together have 172FT ROAD FRONTAGE and approximately 550FT of MARSH FRONTAGE facing the ICW and the 45 acre CRADLE CREEK PRESERVE, marsh cove and forest.
Replacements and Upgrades:
NEW OWNERS BATH IN 2014
NEW ROOF 2012
CLOSED CELL INSULATION 2012 (under house)
AC HANDLER 2012 (upstairs)
UPDATED HALL BATHROOMS 2010
HOUSE REPIPED 2002
CORIAN COUNTERTOP
KITCHEN CABINETS with ROLL-OUT SHELVES
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017