8311 COUNTY ROAD 208
About This Property
This home is a horse lovers dream! The property is just short of 5 acres, and includes a Morton horse barn, a fenced arena with footings, and a pond with a dock. The home is a well maintained split bedroom plan with a large screened pool. The long driveway provides total privacy and the barn is set at the back of the property. Majestic oak trees and sweeping Spanish moss create a park like setting. The St Johns River and a community boat ramp are right down the road. Enjoy long scenic walks along the river and all of the quiet country living of this "Old Florida" retreat. Bring your horses to the 36 by 42 foot Morton horse barn with two stalls. There is an insulated tack room, and plenty of space to add more stalls, if needed. This barn has been impeccably maintained, and has a view of the pond. Upon entry, you will notice the large and bright family room that is tastefully appointed with neutral colors and opens to the covered
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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 |
|---|---|---|---|
| Dec 7, 2011 | Sold | ||
| Sold | |||
| Sep 9, 2011 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $349,900 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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EQUESTRIAN PROPERTY, SECLUDED 5 ACRE HORSE PROPERTY. 36X42 MORTON CENTER ISLE BARN W/2-5, 12X12 STALLS, 12X12 TACK ROOM, HAY STORAGE, COVERED SIDE PATIO. 90X70 ARENA W/HORSE FOOTING. GOOD LAND LAYOUT FOR PADDOCK & 2 PASTURES. SCREENED AND HEATED INGROUND POOL.TILED COVERED PATIO. 18X10 DOCK AT SPRING FED POND. VERY COMFORTABLE HOME. $2500 SA BONUS FOR ACCEPTED OFFER BY 10/31.
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| May 30, 2011 | Listed by EXIT 1 STOP REALTY | $396,900 | |
| Listed by EXIT 1 STOP REALTY | |||
| Nov 2, 2009 | Listed by KELLER WILLIAMS REALTY ATLANTIC | $650,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC | |||
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Equestrian Property! Secluded & well maintained 5 acre horse property; top notch 36x42 Morton center isle barn w/2-5 12x12 stalls, 12x12 tack room, hay storage, 6x36 covered side patio, 90x70 arena w/horse footing. Good land layout for paddock & 2 pastures. CB home, newer roof,split floor plan, in-law or guest suite, oversized 2 car garage w/half bath, screened/heated inground pool
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| Oct 27, 2008 | Listed by KELLER WILLIAMS REALTY ATLANTIC | $680,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC | |||
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Equestrian Property! Secluded & well maintained 5 acre horse property; top notch 36x42 Morton center isle barn w/2-5 12x12 stalls, 12x12 tack room, hay storage, 6x36 covered side patio, 90x70 arena w/horse footing. Good land layout for paddock & 2 pastures. CB home, newer roof,split floor plan, in-law or guest suite, oversized 2 car garage w/half bath, screened/heated inground pool
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017