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Yulee 32097
85497 JOANN Road
$369,900
● House - Off Market

85497 JOANN Road

Yulee, FL 32097
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,528 Ft²
$2,086
Est. Monthly
5.29%
Cap Rate

About This Property

Completely renovated 3 bedroom 2 bathroom ranch home on more than an acre! New roof, new NVAC, new water heater! Open concept home with lots of light, beautiful laminate flooring, and granite countertops on your own private estate lot! No HOA and no CDD! Convenient to shopping, A-rated schools, and Amelia Island. Get it before it's gone!
Unit Size
1,528 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$242
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1995

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 3 years ago (Real MLS #2015380)

Price History

Date / Event Date Event Price
May 2, 2024 Sold
Premium
Sold
Mar 21, 2024 Listed by KELLER WILLIAMS FIRST COAST REALTY $369,900
Listed by KELLER WILLIAMS FIRST COAST REALTY
Jan 3, 2024 Sold
Premium
Sold
Nov 3, 2023 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,571
  • Total Building Area: 1,928
  • Gross Building Area: 1,928
  • Building Area: 1,528
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,528
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: YULEE WOODS #2
  • Land Acres: 0000001023
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: BLOCK 2 LOT 44 IN OR 938/999 YULEE WOODS #2 PB 5/83 & 84

Neighborhood

  • School District Name: Nassau County School District
  • Census Tract: 050304

Zoning

  • Zoning: OR

Geography

  • Assessors Map Reference: MAP 5D/43A
  • Subdivision Tract Number: 44
  • Parcel: 42-2N-27-4612-0002-0440
  • Block: 2
  • Lot: 44
  • Meridian: SEC 42 TWN 02N RNG 27E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 30.5969
  • Longitude: -81.5792

    Address

  • Full Address: 85497 Joann Rd
  • Address - House Number: 85497
  • Address - Street Name: Joann
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Yulee
  • Carrier Code: H006
  • 4-Digit Zip Code: 7516
  • Zip Code: 32097

Valuation

    Tax

  • Total Area: 1,808
  • Tax Year: 2023
  • Tax Amount: $322,483
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.2053
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 271,650
  • High Value: 327,447
  • Low Value: 215,853

    Market Valuation

  • Market Total Value: $226,531
  • Market Land Value: $80,000
  • Market Improvement Value: $146,531

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $226,531
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $146,531

    Sales

  • Current Sale Contract Date: Dec 29, 2023
  • Current Sale Recording Date: Jan 03, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 167
  • Previous Sale Recording Date: Jan 03, 2024
  • Previous Sale Contract Date: Dec 29, 2023
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: 71
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 Yulee

Stats & Trends

Median Asking:

$395,000

Sale Price/ft²

$206

Below Asking

0.03%

Average Days on Market

78

Average Home Size

2199 ft²

Average Home Age

22.9 years

Currently For Sale

65 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 86440 Mainline Road, Yulee, FL, 32097

$1,850 /mo

  • 2 Beds
  • 2 Baths
  • 1,168 ft²
86440 Mainline Road, Yulee, FL, 32097 Listing by FELICIA WALKER

Rentals Near You

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

Listed by: FELICITAS CARTER, KELLER WILLIAMS FIRST COAST REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 2015380
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 85497 Joann Road built and last sold?
The property at 85497 Joann Road was built in 1995 and last sold on Dec 29, 2023 for $205,000.
How much is this home worth?
The estimated value of the home located at 85497 Joann Road is $0.
What are some comparable homes to 85497 Joann Road?
There are currently no comparable homes to 85497 Joann Road.
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