8668 OAKVIEW Road
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 |
|---|---|---|---|
| Aug 19, 2024 | Sold | ||
| Sold | |||
| Jul 20, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2024 | Listed by ROWAN REALTY | $59,900 | |
| Listed by ROWAN REALTY | |||
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Build your home on this large, beautiful, CLEARED, fenced .58 ACRE lot minutes from downtown Melrose Florida. The lot is mostly cleared but still has lots of MATURE SHADE TREES, it's fully FENCED with a gate and includes a LARGE 23x20 SHED that previously had electricity. Lot is more than high and dry at approximately 175' above sea level according to the "My Elevation" app. The Seminole Ridge Subdivision is homes only and its own little lakefront oasis within Melrose. Enjoy access to Lake Santa Fe with pristine water to enjoy fishing, swimming, kayaking and more. Residents can use the private neighborhood boat ramp for a small fee of $75 per year or there is public access just a few miles away. Located in Clay County and zoned for Keystone Heights Schools. It is approximately 55 minutes to St. Augustine and approximately 20 minutes to Gainesville. This is a prime lot and location. Don't miss out on this one!
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| Aug 1, 2022 | Sold | ||
| Sold | |||
| Jun 8, 2022 | Listed by INI REALTY | $35,000 | |
| Listed by INI REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017