467 CRABAPPLE Court, Orange Park, FL 32073
New Listing
$485,000
Property Type:
Residential Income
Bedrooms:
8
Baths:
8
Square Footage:
3,686
Lot Size (sq. ft.):
13,504
Status:
Active
Current Price:
$485,000
List Date:
4/28/2025
Last Modified:
4/28/2025
Description
Investor Alert! Fully rented and cash flowing Quad priced to sell at almost 6% cap rate. Currently professional managed. All 4 leases expire in the next 4 months with under market rents, giving new investor ability to increase cash flow and returns Yr. 1. All units occupied. Please do not distrub residents.
More Information MLS# 2084251
Contract Information
Current Price: $485,000
List Price: $485,000
Status: Active
Listing Contract Date: 2025-04-28
Property Sub Type: Quadruplex
Location Tax and Legal
Street Number: 467
Street Name: CRABAPPLE
Street Suffix: Court
County: Clay
State: FL
Postal Code: 32073
Subdivision Name: Cedar Bend
MLS Area Major: 131-Meadowbrook/Loch Rane
General Property Information
Number Of Buildings: 1
Number Of Units Total: 4
Bedrooms Total: 8
Bathrooms Total: 8
Bathrooms Full: 4
Bathrooms Half: 4
Living Area: 3686
New Construction YN: No
Year Built: 1983
Garage YN: No
Carport YN: No
Lot Size Acres: 0.31
CDD Fee YN: No
Directions: From Blanding Blvd. turn west onto Meadowbrook Dr. Turn right onto Crabapple Ct. 467 is on the right.
Public Remarks: Investor Alert! Fully rented and cash flowing Quad priced to sell at almost 6% cap rate. Currently professional managed. All 4 leases expire in the next 4 months with under market rents, giving new investor ability to increase cash flow and returns Yr. 1. All units occupied. Please do not distrub residents.
List Price/SqFt: 131.58
Status Change Information
Major Change Timestamp: 2025-04-28T14:49:54Z
Major Change Type: New Listing
Income and Expenses
Gross Income: 47829
Net Operating Income: 28518
Unit 1 Details
Unit ID: 1A
Actual Rent: 997
Unit SqFt: 921
Beds Total: 2
Full Baths Total: 1
Half Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Lease End 8/25
Unit 2 Details
Unit ID: 1B
Actual Rent: 1001
Unit SqFt: 921
Beds Total: 2
Full Baths Total: 1
Half Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Lease end 8/25
Unit 3 Details
Unit ID: 2C
Actual Rent: 1023
Unit SqFt: 921
Beds Total: 2
Full Baths Total: 1
Half Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Lease end 7/25
Unit 4 Details
Unit ID: 2D
Actual Rent: 1088
Unit SqFt: 921
Beds Total: 2
Full Baths Total: 1
Half Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Lease end 9/25
Property Features
Cooling: Central Air
Current Use: Multi-Family; Residential
Heating: Central
Listing Terms: Cash; Conventional
Lot Features: Other
Parking Features: Additional Parking; Off Street
Possession: Close Of Escrow; Subject To Tenant Rights
Utilities: Electricity Connected; Separate Electric Meters; Sewer Connected; Water Connected
Water Source: Public
467 Crabapple Pro Forma ›Listing Office: SALT RUN REAL ESTATE
Last Updated: April - 28 - 2025
Information deemed reliable but not guaranteed.
