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Orange Park 32073 Orange Park
718 RIVER Road
$975,000
● House - Off Market

718 RIVER Road

Orange Park, FL 32073
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,690 Ft²
$1,012,336
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Two for one!  Spectacular opportunity to own this 4BR/3BA, 2,666SF home AND a 1BR/1.5 BA, 1,024SF guest cottage behind it, nestled on a deep, double lot, approx. 1.1 acres w/ 22' elevation on the beautiful St. Johns River! Main house has gleaming wood and ceramic tile flooring throughout, living room with fireplace, family room, dining room, mother-in-law suite off the kitchen, jacuzzi tub in guest bath, new Generac, new water conditioner, and a Florida room with wet bar. Step out the back door to a large patio, towering, moss-draped Oaks, fruit trees, a 2.5 car garage with ample storage, and a ''man cave'' shed with electricity and A/C! At the rear of property is completely renovated guest cottage with new composite decking and ramp, new roof, new everything! Dock with boathouse & lift.
Unit Size
3,690 Ft²
Days on Market
30 days
Land Size
-
Price per sqft
$270
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1962

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 7 months ago (Real MLS #1204509)

Price History

Date / Event Date Event Price
Apr 28, 2023 Sold
Premium
Sold
Dec 14, 2022 Listed by NORVILLE REALTY INC $995,000
Listed by NORVILLE REALTY INC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 660
  • Parking Space Count: 4
  • Patio Type: 69
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,497
  • Lot Size Depth Feet: 3,350
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,242
  • Gross Building Area: 3,242
  • Building Area: 2,666
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,666
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOWN/ORANGE PARK SEC 01
  • Land Acres: 0000000769
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: PT OF LOTS 23 & 24 SEC 1 O.P. AS REC OR 1476 PG 2147;1481 PG 1808 & 1484 PG 728 EX PT REC

Neighborhood

  • School District Name: Clay County School District
  • Census Tract: 030600

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: 1311-B1
  • Section: 1
  • Parcel: 50-04-26-018525-000-00
  • Lot: 23,24
  • Meridian: SEC 50 TWN 04S RNG 26E
  • Municipality: ORANGE PARK
  • Latitude: 30.1814
  • Longitude: -81.6987

    Address

  • Full Address: 718 River Rd
  • Address - House Number: 718
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Orange Park
  • Carrier Code: C002
  • 4-Digit Zip Code: 3140
  • Zip Code: 32073

Valuation

    Tax

  • Total Area: 3,242
  • Tax Year: 2022
  • Tax Amount: $484,294
  • Tax Rate Code Area: 004

    Appraisal Valuation

  • Standard Deviation: 0.1778
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 77
  • Final Value: 686,741
  • High Value: 808,856
  • Low Value: 564,626

    Market Valuation

  • Market Total Value: $461,264
  • Market Land Value: $291,200
  • Market Improvement Value: $170,064

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $305,356

    Sales

  • Current Sale Contract Date: Apr 14, 2023
  • Current Sale Recording Date: Apr 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20266

    Financing

  • First Mortgage Financing Type: ADJ
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 Orange Park

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$193

Below Asking

0.02%

Average Days on Market

70

Average Home Size

1708 ft²

Average Home Age

56.2 years

Currently For Sale

30 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

Unit for rent at 2421 Dogwood Lane, Orange Park, FL, 32073

$2,950 /mo

  • 4 Beds
  • 2 Baths
  • 2,158 ft²
2421 Dogwood Lane, Orange Park, FL, 32073 Listing by LINDSEY OSTEEN

Rentals Near You

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

Listed by: LEE NORVILLE, NORVILLE REALTY INC
Last Updated: 7 months ago
Data Source: Real MLS, MLS# 1204509
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 718 River Road built and last sold?
The property at 718 River Road was built in 1962 and last sold on Apr 14, 2023 for $975,000.
How much is this home worth?
The estimated value of the home located at 718 River Road is $1,004,523.
What are some comparable homes to 718 River Road?
There are currently no comparable homes to 718 River Road.
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