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Yulee 32097
86098 WELDON Avenue
$97,000
● House - Off Market

86098 WELDON Avenue

Yulee, FL 32097
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,508 Ft²
$177,298
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

WOW, IT IS ALMOST TOO GOOD TO BE TRUE! OVER AN ACRE OF LAND, NO HOA FEES, AND UNDER 100K. LOCATED IN A QUIET NEIGHBORHOOD WITH ONLY A 5 MINUTE DRIVE TO SHOPPING, DINING, ENTERTAINMENT, AND LESS THAN 5 MINUTES TO SCHOOLS. THIS HOME FEATURES A NEW ROOF, WELL, AND SEPTIC. A PORTION OF YOUR BACKYARD IS ENCLOSED WITH A PRIVACY FENCE FOR INTIMATE GATHERINGS, WHILE THE REST OF THE YARD ALLOWS FOR PLENTY OF ROOM TO RUN AND PLAY. THIS HOME IS OFFERED UNDER THE FREDDIE MACH FIRST LOOK INITIATIVE. ONLY OFFERS FROM OWNER OCCUPANTS, BUYERS USING NSP FUNDS, AND MUNICIPALITIES ACCEPTED UNTIL 8/11/2015. SELLER SUGGEST PROOF OF FUNDS WITH ALL OFFERS. NO OFFERS WILL BE NEGOTIATED THE FIRST 48 HOURS OF LISTING.
Unit Size
1,508 Ft²
Days on Market
-
Land Size
-
Price per sqft
$66
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1964

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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 #783879)

Price History

Date / Event Date Event Price
Oct 7, 2015 Sold
Premium
Sold
Jul 22, 2015 Listed by PALM III REALTY AND PROPERTY M $99,900
Listed by PALM III REALTY AND PROPERTY M

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 7
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,450
  • Lot Size Depth Feet: 3,080
  • Lot Size Frontage Feet: 1,700
  • Total Building Area: 1,508
  • Gross Building Area: 1,508
  • Building Area: 1,508
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,508
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FLOOD SURVEY
  • Land Acres: 0000001250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 44 IN OR 2386/106 W H FLOOD SURVEY UNR

Neighborhood

  • School District Name: Nassau County School District
  • Census Tract: 050305

Zoning

  • Zoning: RMH

Geography

  • Assessors Map Reference: MAP 5C/34S
  • District: 04
  • Parcel: 52-3N-27-4890-0044-0000
  • Lot: 44
  • Meridian: SEC 52 TWN 03N RNG 27E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 30.6321
  • Longitude: -81.5828

    Address

  • Full Address: 86098 Weldon Ave
  • Address - House Number: 86098
  • Address - Street Name: Weldon
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Yulee
  • Carrier Code: H020
  • 4-Digit Zip Code: 5358
  • Zip Code: 32097

Valuation

    Tax

  • Total Area: 1,533
  • Tax Year: 2023
  • Tax Amount: $284,652
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.1913
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 254,125
  • High Value: 302,744
  • Low Value: 205,505

    Market Valuation

  • Market Total Value: $208,519
  • Market Land Value: $100,000
  • Market Improvement Value: $108,519

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $208,519
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $108,519

    Sales

  • Current Sale Contract Date: Sep 30, 2015
  • Current Sale Recording Date: Oct 07, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 201528951
  • Previous Sale Recording Date: Apr 06, 2015
  • Previous Sale Contract Date: Apr 06, 2015
  • Previous Sale Document Type: 69

    Financing

  • First Mortgage Financing Type: ADJ
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: SHARON SILVA, PALM III REALTY AND PROPERTY M
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 783879
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 86098 Weldon Avenue built and last sold?
The property at 86098 Weldon Avenue was built in 1964 and last sold on Sep 30, 2015 for $97,000.
How much is this home worth?
The estimated value of the home located at 86098 Weldon Avenue is $0.
What are some comparable homes to 86098 Weldon Avenue?
There are currently no comparable homes to 86098 Weldon Avenue.
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