8105 COLEE COVE Road
About This Property
Tucked beneath a canopy of mature trees, this property backs to a natural canal with access toward the St. Johns River. Bring the kayak, canoe or jon boat and imagine weekends spent exploring North Florida's waterways, fishing, relaxing outdoors or simply enjoying the peaceful setting. There is room for boats, trailers and recreational equipment, with possibilities for additional outdoor improvements. Buyers interested in adding a dock or other waterfront improvements should verify applicable permitting and approvals.
The existing 3-bedroom, 2-bath home offers 1,104 square feet with a wood-burning fireplace, dedicated dining room, additional dining area in the kitchen and a covered front porch. Enjoy it now, update it over time, or bring your own vision for the property. The roof was replaced in 2020 and the water heater is approximately five years old. An artesian well with aerator provides strong water pressure, and the property has a 750-gallon septic system.
If your idea of home includes room for your outdoor toys, mature trees and access to the water, come see what you could create here.
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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 24, 2026 | Price Decreased |
$209,000
↓ $10K
(4.6%) | |
| Price Decreased | |||
| Apr 8, 2026 | Listed by WATSON REALTY CORP | $219,000 | |
| Listed by WATSON REALTY CORP | |||
| Jun 7, 2024 | No longer available | - | |
| No longer available | |||
| Apr 3, 2023 | Listed by FLORIDA WELCOME HOME REAL ESTATE | $235,000 | |
| Listed by FLORIDA WELCOME HOME REAL ESTATE | |||
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Canal lot leading out to St. Johns with 3-2 home you can make your your personal home or rental income, This manufactured home offers freshly painted interior and new carpet, vaulted ceilings, fireplace, front porch, and fenced yard. Well maintained close to St, Augustine & World Golf Village.
Room to park your boat, trailer, and toys.!
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| Dec 5, 2022 | Listed by BRIDGE CITY REAL ESTATE CO. | $235,000 | |
| Listed by BRIDGE CITY REAL ESTATE CO. | |||
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Lovely bright & sunny 3BR/2BA home situated on a fenced in .26-acre lot and canal leading to the St. Johns River. This home has been lovingly maintained and features new paint and carpet. Other highlights include a gas fireplace, open floor plan, vaulted ceilings and lots of closet space. Primary bedroom has a vaulted ceiling and his and her closets. This home is far enough away from the congestion and noise of town yet just minutes to I95, WGV and St. Augustine. No HOA or CDD fees.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017