11993 ELDERBANK 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.
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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 |
|---|---|---|---|
| May 22, 2026 | Sold | ||
| Sold | |||
| Apr 7, 2026 | In contract | - | |
| In contract | |||
| Mar 30, 2026 | Listed by COLDWELL BANKER VANGUARD REALTY | $425,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Apr 19, 2023 | Sold | ||
| Sold | |||
| Oct 21, 2022 | Listed by MATTAMY REAL ESTATE SERVICES | $440,897 | |
| Listed by MATTAMY REAL ESTATE SERVICES | |||
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The Beautiful Aspen Farmhouse floor plan at Wells Creek is located on an oversized corner, waterfront to wooded homesite. Enjoy an open concept with extended covered and screened lanai. Featuring beautiful quartz counter tops and luxury vinyl plank flooring in the living areas. This home is focused on details with 5 1/4'' baseboards and prewire for 5.1 surround sound in the Family Room. Wells Creek provides convenient access to world-class shopping, entertainment, and recreation plus leading employment centers, top-rated schools, and medical services; the community offers an array of lifestyle amenities including a pavilion, resort-style pool, paw park, playground and plenty of open green space for picnicking — with no CDD fees. Estimated completion April/May 2023.
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About Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017