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Nassau 32097
86002 MARTIN Lane
$285,000
● House - Off Market

86002 MARTIN Lane

Yulee, FL 32097
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,800 Ft²
$367,728
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Country living at it's finest!  Three plus acres zoned OR with large majestic Oaks and more than half the property fenced.  All this conveniently located to Kings Bay, Amelia Island, May Port and the Airport minutes from county rd 200 and 17.  This excellent starter home has a wrap around porch and screened in patio. The large porch make a perfect place to relax and watch the day go by.  The large lot offer endless possibilities!  The large country kitchen make the perfect family gathering place.  Large master and two good size bedroom make this the perfect starter home the people looking for a country setting near all.  Large shed in the rear, gives you plenty of storage.  This move in home won't last long!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$153
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1994

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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 #1069770)

Price History

Date / Event Date Event Price
Oct 5, 2020 Sold
Premium
Sold
Aug 12, 2020 Listed by FERNANDINA BEACH REALTY $275,000
Listed by FERNANDINA BEACH REALTY

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 137,650
  • Total Building Area: 1,800
  • Gross Building Area: 1,800
  • Building Area: 1,800
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,800
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: PARCELS 4-7 4-14 & 4 IN OR 2397/1449 PT OR 1175/799 ESMT IN OR 472/365 FPL ESMT OR 310/542

Neighborhood

  • School District Name: Nassau County School District
  • Census Tract: 050306

Zoning

  • Zoning: OR

Geography

  • Assessors Map Reference: MAP 5D/4S
  • District: 04
  • Parcel: 04-2N-27-0000-0004-0070
  • Block: 70
  • Lot: 4
  • Meridian: SEC 04 TWN 02N RNG 27E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 30.619
  • Longitude: -81.6079

    Address

  • Full Address: 86002 Martin Ln
  • Address - House Number: 86002
  • Address - Street Name: Martin
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Yulee
  • Carrier Code: H010
  • 4-Digit Zip Code: 5806
  • Zip Code: 32097

Valuation

    Tax

  • Total Area: 1,956
  • Tax Year: 2023
  • Tax Amount: $351,665
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.1675
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 476,917
  • High Value: 556,825
  • Low Value: 397,009

    Market Valuation

  • Market Total Value: $421,452
  • Market Land Value: $252,800
  • Market Improvement Value: $168,652

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $265,212

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 02, 2020
  • Current Sale Recording Date: Oct 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202045031790
  • Previous Sale Recording Date: Oct 05, 2020
  • Previous Sale Contract Date: Oct 02, 2020
  • Previous Sale Amount: $285,100
  • 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 Nassau

Stats & Trends

Median Asking:

$469,900

Sale Price/ft²

$234

Below Asking

0.02%

Average Days on Market

83

Average Home Size

2173 ft²

Average Home Age

18.8 years

Currently For Sale

702 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

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Real MLS

Listed by: PHILLIP TITA, FERNANDINA BEACH REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1069770
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 86002 Martin Lane built and last sold?
The property at 86002 Martin Lane was built in 1994 and last sold on Oct 2, 2020 for $285,100.
How much is this home worth?
The estimated value of the home located at 86002 Martin Lane is $288,432.
What are some comparable homes to 86002 Martin Lane?
There are currently no comparable homes to 86002 Martin Lane.
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