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Nassau 32034
95237 RAINBOW ACRES Road
$65,000
● Mobile Manufactured - Off Market

95237 RAINBOW ACRES Road

Fernandina Beach, FL 32034
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,518 Ft²
$108,750
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Property is being sold AS-IS. Seller to complete no repairs. - Due to condition/debris please find attached a hold harmless agreement for showing parties. No offer will be accepted until property has been marketed for minimum of 5 days on MLS.
Unit Size
1,518 Ft²
Days on Market
-
Land Size
-
Price per sqft
$49
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1998

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (Real MLS #983131)

Price History

Date / Event Date Event Price
Jul 15, 2020 Sold
Premium
Sold
May 11, 2020 Listed by EASTPORT REALTY $180,000
Listed by EASTPORT REALTY
Sep 6, 2019 Sold
Premium
Sold
Mar 6, 2019 Listed by EASTPORT REALTY $74,200
Listed by EASTPORT REALTY

Property Highlights

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 17
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 4
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,620
  • Gross Building Area: 1,620
  • Building Area: 1,620
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,620
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAINBOW ACRES SUB
  • Land Acres: 0000001000
  • Standard Land Use Code: 1006
  • County Land Use Code: 0200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: PT OF LOT 13 IN OR 2376/284 RAINBOW ACRES SUB UNR PLAT

Neighborhood

  • School District Name: Nassau County School District
  • Census Tract: 050308

Geography

  • Assessors Map Reference: MAP 6D/29
  • Parcel: 44-2N-28-5210-0013-0010
  • Block: 10
  • Lot: 13
  • Meridian: SEC 44 TWN 02N RNG 28E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 30.5729
  • Longitude: -81.5088

    Address

  • Full Address: 95237 Rainbow Acres Rd
  • Address - House Number: 95237
  • Address - Street Name: Rainbow Acres
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Fernandina Beach
  • Carrier Code: R004
  • 4-Digit Zip Code: 9575
  • Zip Code: 32034

Valuation

    Tax

  • Total Area: 1,620
  • Tax Year: 2023
  • Tax Amount: $268,236
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.2179
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 70
  • Final Value: 263,069
  • High Value: 320,416
  • Low Value: 205,721

    Market Valuation

  • Market Total Value: $193,080
  • Market Land Value: $75,000
  • Market Improvement Value: $118,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $193,080
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $118,080

    Sales

  • Current Sale Contract Date: Jul 07, 2020
  • Current Sale Recording Date: Jul 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 202045021616
  • Previous Sale Recording Date: Jul 15, 2020
  • Previous Sale Contract Date: Jul 07, 2020
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: 68
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:

$475,000

Sale Price/ft²

$237

Below Asking

0.02%

Average Days on Market

96

Average Home Size

2189 ft²

Average Home Age

17.2 years

Currently For Sale

481 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: ANTHONY E JONES, EASTPORT REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 983131
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 95237 Rainbow Acres Road built and last sold?
The property at 95237 Rainbow Acres Road was built in 1998 and last sold on Jul 7, 2020 for $170,000.
How much is this home worth?
The estimated value of the home located at 95237 Rainbow Acres Road is $0.
What are some comparable homes to 95237 Rainbow Acres Road?
There are currently no comparable homes to 95237 Rainbow Acres Road.
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