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Nassau 32034
95531 SPRINGHILL Road
$117,500
● Mobile Manufactured - Off Market

95531 SPRINGHILL Road

Fernandina Beach, FL 32034
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,680 Ft²
$124,872
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Seller requesting Highest and Best offers by 5PM Monday 8/30.  Handy Man Special! Country home on over an acre of land. Detached garage/workshop and multiple outbuildings. No restrictions, so bring your toys and horse. With the right amount of TLC, this home has so much potential. Don't miss this opportunity to make it your own.
Unit Size
1,680 Ft²
Days on Market
-
Land Size
-
Price per sqft
$65
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1987

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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 #1128024)

Price History

Date / Event Date Event Price
Sep 29, 2021 Sold
Premium
Sold
Aug 25, 2021 Listed by FERNANDINA BEACH REALTY $110,000
Listed by FERNANDINA BEACH REALTY

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • 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: 7
  • Garage Square Area: 896
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 98
  • Pool Type: 0
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 51,885
  • Total Building Area: 1,680
  • Gross Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING HILL SUB #2
  • Land Acres: 0000001191
  • Standard Land Use Code: 1006
  • County Land Use Code: 0200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: BLOCK 2 LOT 42 R334357 & R334358 SPRING HILL SUB #2 PB 5/35

Neighborhood

  • School District Name: Nassau County School District
  • Census Tract: 050309

Zoning

  • Zoning: OR

Geography

  • Assessors Map Reference: MAP 6D/30
  • District: 04
  • Subdivision Tract Number: 42
  • Parcel: 45-2N-28-550B-0002-0420
  • Block: 2
  • Lot: 42
  • Meridian: SEC 45 TWN 02N RNG 28E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 30.5694
  • Longitude: -81.5281

    Address

  • Full Address: 95531 Springhill Rd
  • Address - House Number: 95531
  • Address - Street Name: Springhill
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Fernandina Beach
  • Carrier Code: R001
  • 4-Digit Zip Code: 9418
  • Zip Code: 32034

Valuation

    Tax

  • Total Area: 1,946
  • Tax Year: 2023
  • Tax Amount: $195,092
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.2218
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 69
  • Final Value: 184,101
  • High Value: 224,949
  • Low Value: 143,254

    Market Valuation

  • Market Total Value: $145,182
  • Market Land Value: $85,000
  • Market Improvement Value: $60,182

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $145,182
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $60,182

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Sep 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202145036404
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:

$477,900

Sale Price/ft²

$237

Below Asking

0.02%

Average Days on Market

95

Average Home Size

2171 ft²

Average Home Age

17.8 years

Currently For Sale

483 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 85041 Patricia Court, Fernandina Beach, FL, 32034

$1,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,352 ft²
85041 Patricia Court, Fernandina Beach, FL, 32034 Listing by HOWARD CLOSS

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: DIANA GRAY, FERNANDINA BEACH REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1128024
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 95531 Springhill Road built and last sold?
The property at 95531 Springhill Road was built in 1987 and last sold on Sep 28, 2021 for $117,500.
How much is this home worth?
The estimated value of the home located at 95531 Springhill Road is $126,766.
What are some comparable homes to 95531 Springhill Road?
There are currently no comparable homes to 95531 Springhill Road.
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