86225 Evergreen Place
About This 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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 3, 2024 | Price Decreased |
$350,000
↓ $15K
(4.1%) | |
| Price Decreased | |||
| Jun 10, 2024 | Price Decreased |
$365,000
↓ $20K
(5.2%) | |
| Price Decreased | |||
| Mar 23, 2024 | Listed by FERNANDINA BEACH REALTY | $385,000 | |
| Listed by FERNANDINA BEACH REALTY | |||
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PRICE IMPROVEMENT! Home just got a fresh new interior coat of paint throughout the whole house. Don't miss your chance to own a home in this highly sought after neighborhood. This subdivision is located right next to Yulee Middle and High School. The kids can walk to school everyday. This home has a nice split floor plan with the master on one side and the remaining rooms on the other. The kitchen has new stainless steel dishwasher, stove, and refrigerator with an island and eat in nook. Off the kitchen there is a built in office area. It has a front room that you can make a formal dining room or living room. The roof was replaced 4 years ago with solar panels attached. Sellers will pay the balance of the solar panels with an acceptable offer. Enjoy low monthly electric bills!!! Home is on a nice spacious corner lot with a irrigation system. Sellers are willing to consider a contingency.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017