51
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917 BUTTERCUP Drive
About This Property
All major four point items are in solid condition, making this a financeable option for buyers who want to build equity without taking on major mechanical risk. The home does need cosmetic updates, but that is exactly where the opportunity lies. With the right vision, this can be transformed into something truly special.
Located in Julington Creek Plantation, you will enjoy resort style amenities including pools, fitness centers, sports courts, a brand new clubhouse and pool. The lifestyle here is hard to beat, and opportunities like this do not come around often.
If you have been waiting for the right deal in Julington Creek, this is it.
This home is a short sale and not bank approved
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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 22, 2026 | In contract | - | |
| In contract | |||
| Sep 16, 2026 | Price Decreased |
$300,000
↓ $25K
(7.7%) | |
| Price Decreased | |||
| Aug 31, 2026 | Price Decreased |
$325,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Aug 1, 2026 | Price Decreased |
$335,000
↓ $9K
(2.6%) | |
| Price Decreased | |||
| Jun 16, 2026 | Relisted | $344,000 | |
| Relisted | |||
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About Fruit Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017