11618 Edgemere Drive
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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%.
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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 |
|---|---|---|---|
| Aug 17, 2020 | Sold | ||
| Sold | |||
| Jul 7, 2020 | Listed by FLORIDA COAST PROPERTIES LLC | $349,990 | |
| Listed by FLORIDA COAST PROPERTIES LLC | |||
| Oct 19, 2010 | Sold | ||
| Sold | |||
| Apr 9, 2010 | Listed by WATSON REALTY CORP | $249,750 | |
| Listed by WATSON REALTY CORP | |||
| | |||
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All brick home with an inground pool surrounded by attractive landscaping. New roof installed in June 2010-ready for new owners. Split bedroom arrangement offers privacy to owners. Wonderful floor plan features a separate living room, formal dining room, large family room with a stone fireplace, vaulted ceiling & wet bar. Kitchen features lots of cabinets, cook island & large breakfast area overlooking extra-large inground pool with lots of cool decking. Spacious master suite offers master bath with double sink vanity, garden tub & separate shower. Home sits on a large corner lot with side-entry 2 car garage. This is a great value in a fantastic neighborhood. Very close to city parks, walking to many conveniences, bus route, and historic buildings. Not a short sale.
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| Mar 8, 2010 | Listed by FLORIDA COAST PROPERTIES LLC | $279,900 | |
| Listed by FLORIDA COAST PROPERTIES LLC | |||
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About Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017