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St. Johns
5901 OAK Street
$85,000
● Land - Off Market

5901 OAK Street

Elkton, FL 32033
bedrooms
Studio
bathrooms
0 Bath
$91,233
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Tucked away in St. John's county's best kept secret- Elkton, you'll find this 2 acre parcel. Take a right off state road 207 down Middletown road, shaded by spanish moss hanging by beautiful oaks... You'll find 2 acres of land able to be developed into 8 separate plots. Priced fairly, accounting for a wetland survey by Carter Environmental- which showed half the acreage has wetlands.

Feel free to drive over and check out the surrounding neighborhood- sure to be a bustling community shortly.
Unit Size
-
Days on Market
-
Land Size
2.04 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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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: 3 years ago (Real MLS #1154795)

Price History

Date / Event Date Event Price
Apr 22, 2022 Sold
Premium
Sold
Feb 21, 2022 Listed by 97 PARK LLC $90,000
Listed by 97 PARK LLC
Jan 1, 2016 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 88,862
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 6,000
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: THE TOWN OF ELKTON
  • Land Acres: 0000002040
  • Standard Land Use Code: 8001
  • County Land Use Code: 0000
  • State Land Use Code: 00
  • Legal Description 1: 1-154 TOWN OF ELKTON ALL BLK G OR5543/1053

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 021102

Zoning

  • Zoning: RS3

Geography

  • Assessors Map Reference: 101C
  • Parcel: 032670-0000
  • Block: G
  • Meridian: SEC 25 TWN 08S RNG 28E
  • Municipality: COUNTY
  • Latitude: 29.7817
  • Longitude: -81.4292

    Address

  • Full Address: 5901 Oak St
  • Address - House Number: 5901
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: FL
  • City Name: Elkton
  • Carrier Code: R004
  • 4-Digit Zip Code: 3050
  • Zip Code: 32033

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $132,129
  • Tax Rate Code Area: 300

    Market Valuation

  • Market Total Value: $115,584
  • Market Land Value: $115,584

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $115,584
  • Assessed Land Value: $115,584

    Sales

  • Current Sale Contract Date: Apr 20, 2022
  • Current Sale Recording Date: Apr 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 41767
  • Previous Sale Recording Date: Jan 01, 2016
  • Previous Sale Contract Date: Jan 01, 2016
  • Previous Sale Amount: $100
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About St. Johns

Stats & Trends

Median Asking:

$519,990

Sale Price/ft²

$245

Below Asking

0.02%

Average Days on Market

83

Average Home Size

3010 ft²

Average Home Age

16.7 years

Currently For Sale

1998 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: ISAAC GREEN, 97 PARK LLC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1154795
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.

Frequently Asked Questions

When was property at 5901 Oak Street built and last sold?
The property at 5901 Oak Street was built in and last sold on Apr 20, 2022 for $85,000.
How much is this home worth?
The estimated value of the home located at 5901 Oak Street is $90,900.
What are some comparable homes to 5901 Oak Street?
There are currently no comparable homes to 5901 Oak Street.
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