1241 NW 35TH AVENUE
About This Property
Discover this charming 4-bedroom, 2-bathroom home filled with abundant natural light-ideal for families or investors alike. The spacious living room seamlessly connects to a kitchen featuring tile floors and warm wood cabinetry. Off the entry, you'll find a versatile space that can serve as a formal dining area or a flex room, complete with wood floors and French doors opening to a fully fenced backyard perfect for outdoor living and entertainment.
The large primary suite which was added in 2006 is situated at the back of the house. It boasts laminate wood floors, two generous walk-in closets, and an en suite bathroom. Two additional bedrooms share a bath, while a fourth bedroom with new flooring is located off the dining area offers ideal space for an office or guest room.
Additional highlights include a bonus shed with electric-perfect for storage or a workshop. Recent updates include, new roof (2025), deck, fully fenced yard, and a freshly painted exterior with shed to match. Plumbing has been updated. The treed lot provides plenty of room for family and pets or for entertaining. Conveniently located just 2 miles from UF, walking distance to shopping, this property presents an excellent opportunity to own, rent long term, or short term rental in the heart of Gainesville. Don't miss out on this wonderful home!
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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 |
|---|---|---|---|
| Apr 2, 2026 | Sold | ||
| Sold | |||
| Mar 2, 2026 | In contract | - | |
| In contract | |||
| Feb 10, 2026 | Price Decreased |
$298,500
↓ $10K
(3.2%) | |
| Price Decreased | |||
| Jan 22, 2026 | Price Decreased |
$308,500
↓ $9K
(2.7%) | |
| Price Decreased | |||
| Dec 3, 2025 | Price Decreased |
$317,000
↓ $9K
(2.6%) | |
| Price Decreased | |||
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About Stephen Foster
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017