115 JIM SMITH DRIVE
About This Property
There are lots of opportunities for this to be an investment property where both homes can be rented annually or short term rentals or owner can live in one and rent the second home.
This property is centrally located and approximately 23 miles to Gainesville, 67 miles to Jacksonville, 54 miles to St Augustine and 49 miles to Ocala.
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Cap Rate Calculator
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 19, 2025 | Sold | ||
| Sold | |||
| Dec 3, 2025 | In contract | - | |
| In contract | |||
| Oct 10, 2025 | Price Decreased |
$385,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Aug 28, 2025 | Price Decreased |
$395,000
↓ $30K
(7.1%) | |
| Price Decreased | |||
| Jul 22, 2025 | Price Decreased |
$425,000
↓ $25K
(5.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017