97448 PIRATES Way
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 |
|---|---|---|---|
| Dec 23, 2024 | Sold | ||
| Sold | |||
| Dec 12, 2024 | Price Decreased |
$629,000
↓ $70K
(10%) | |
| Price Decreased | |||
| Oct 29, 2024 | Listed by COLDWELL BANKER THE AMELIA GROUP | $699,000 | |
| Listed by COLDWELL BANKER THE AMELIA GROUP | |||
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Welcome to your own private oasis with almost 2 acres on the river! The 3 bedroom, 2 bath brick home sits on 1.8 acres of land with 230 feet of waterfront, offering breathtaking views and direct access by boat to downtown Fernandina Beach, St Mary's, Cumberland Island, and the Intracoastal Waterway. The expansive outdoor space is perfect for entertaining or simply enjoying a peaceful evening watching the sun set over the water. The private community of Pirates Wood offers a clubhouse, boat ramp, park, pool, deep water fishing dock and pier. Bring your vision and remodel this home with your personal touch. Features include oversized garage with two large storage rooms and Florida room off the back. Build a dock and boat lift for easy access to great fishing out your back door. This is 3 platted lots that could potentially be split for 3 individual home sites or keep as one larger tract. Buyer to verify possibility of dock and splitting lots with the county. Survey
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| Oct 26, 2024 | No longer available | - | |
| No longer available | |||
| Apr 15, 2024 | Listed by COLDWELL BANKER THE AMELIA GROUP | $799,000 | |
| Listed by COLDWELL BANKER THE AMELIA GROUP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017