$108,000
●
Land -
Off Market
97477 CUTLASS Way
Yulee, FL 32097
Studio
0 Bath
$674
Est. Monthly
$38
HOA / Fees
About This Property
Build the home YOU want on this high and dry interior lot in the
scenic boating community of Pirates Wood. Located just off Amelia
Island and nestled among the oaks you will find this established
neighborhood known for its lack of restrictions and incredible
views of the Bells River and downtown Fernandina. A nice mix of
newer and older homes where golf carts, RV's, boats, pools, shops,
and private docks are all welcome! Very little site prep required
as the lot is high (Flood Zone X) and level already. Power line out
front for easy hook up. Existing well in place but not warranted as
the Sellers never used the property. Septic tank and drain field
will be required when the home is built. Pirates Wood amenities
include a pool, boat ramp, deep water fishing dock, basketball, and
playground.
Unit Size
-
Days on Market
-
Land Size
0.73 acres
Price per sqft
-
Property Type
Land
Property Taxes
$106
HOA Dues
$38
Year Built
-
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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: 2 years ago (Real MLS #2022600)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 7, 2024 | Sold | ||
| Sold | |||
| Apr 28, 2024 | Listed by CENTURY 21 MILLER ELITE LLC | $108,000 | |
| Listed by CENTURY 21 MILLER ELITE LLC | |||
| May 9, 2023 | Listed by CENTURY 21 MILLER ELITE LLC | $120,000 | |
| Listed by CENTURY 21 MILLER ELITE LLC | |||
| | |||
|
Build the home YOU want on this high and dry interior lot in the scenic boating community of Pirates Wood. Located just off Amelia Island and nestled among the oaks you will find this established neighborhood known for its lack of restrictions and incredible views of the Bells River and downtown Fernandina. A nice mix of newer and older homes where golf carts, RV's, boats, pools, shops, and private docks are all welcome! Very little site prep required as the lot is high (Flood Zone X) and level already. Power line out front for easy hook up. Existing well in place but not warranted as the Sellers never used the property. Septic tank and drain field will be required when the home is built. Pirates Wood amenities include a pool, boat ramp, deep water fishing dock, basketball, and playground. playground.
| |||
| Oct 2, 2020 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Yulee
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Listed by: JASON COLLINS, CENTURY 21 MILLER ELITE LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2022600
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.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2022600
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