85330 THERESA Road
About This Property
Existing utilities including electrical, septic, and a well (sans pump), providing a head start for your development plans. However, the condition of existing infrastructure is unknown, prompting prospective buyers to conduct thorough due diligence. While the land is primed for customization, it requires removal of the mobile home and clearing to unveil its full potential. Property has some wetlands in the back therefore buyer to do due diligence to ensure a sufficient amount of buildable land to suit their needs. Don't miss out - schedule your showing today and let your imagination run wild! (Do NOT enter mobile home. It is not safe.) Seller will remove trailer with acceptable offer. Seller has never lived on property.
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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 |
|---|---|---|---|
| Apr 22, 2024 | Sold | ||
| Sold | |||
| Feb 29, 2024 | Listed by FLORIDA'S CHOICE REALTY LLC | $125,000 | |
| Listed by FLORIDA'S CHOICE REALTY LLC | |||
| Sep 19, 2022 | Listed by THE LEGENDS OF REAL ESTATE | $121,900 | |
| Listed by THE LEGENDS OF REAL ESTATE | |||
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Mostly level wooded approximately 1.54 acre lot in Yulee, well, septic and electric are on the property. Double wide mobile home is on the property and per the owner is not habitable and is not to be entered. Convenient to schools, highways and shopping yet rural feel. No HOA.
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| Oct 1, 2014 | Sold | ||
| Sold | |||
| Jun 16, 2014 | Listed by FLORIDA'S CHOICE REALTY LLC | $45,000 | |
| Listed by FLORIDA'S CHOICE REALTY LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017