7429 RAMOTH Drive
About This Property
YOU can be the proud owner of lot to build the ultimate waterfront home!!
See this one of a kind waterfront lot. Launch your boat anytime. Bring your builder.
View of Sunset or/& Sunrise? 270' VIEW OF PENINSULA, CUL DE SAC LOT 39 IN WHITE SHELL BAY WITH OCEAN BREEZES. IMAGINE 175' X 75' LOT TO BUILD YOUR DREAM WATERFRONT HOME WITH VIEWS OF PASSING SHIPS THROUGH JETTIES TO THE ATLANTIC OCEAN. THE END OF LITTLE MARSH ISLAND WITH UNDERGROUND ELECTRIC/TELEPHONE. BULKHEAD/SEAWALL, DOCK AND BOAT RAMP. Also dock can be created on sound side if desired.
CONVENIENT TO I295/I95, JAX INTL AIRPORT, MEDICAL FACILITIES, SHOPPING, BEACHES, FERRY, RESTAURANTS. THINK ABOUT LOT LOCATED NEAR THE ENTRY OF THE ST. JOHNS RIVER! Lender Pre Approval or Proof of Funds for cash with offer/s
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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 |
|---|---|---|---|
| Jun 4, 2021 | Sold | ||
| Sold | |||
| Mar 30, 2020 | Listed by WATSON REALTY CORP | $575,000 | |
| Listed by WATSON REALTY CORP | |||
| Jan 3, 2006 | Listed by MARSH LANDING REALTY, INC. | $925,000 | |
| Listed by MARSH LANDING REALTY, INC. | |||
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270 degree views, 300' river frontage on 2 sides of lot, boat launch on property, fully bulk headed with concrete cap. Last property on a point in White Shell Bay; next to three story cedar home on end of cul-de-sac. Truly unique, once in a lifetime opportunity for deep water access and unimpeded views.
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| Dec 9, 2004 | Listed by WATSON REALTY CORP | $925,000 | |
| Listed by WATSON REALTY CORP | |||
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270° views, 300’ river frontage on 2 sides of lot, boat launch on property, fully bulk headed with concrete cap. Lost is a point in White Shell Bay next to three story cedar home on end of cul-de-sac. Truly unique, once in a lifetime opportunity for deep water access and unimpeded views.
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1046307
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Address: 335 Madison Avenue, New York, NY 10017