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12481 ROYAL RED Way
About This Property
Designed for both everyday living and entertaining, the open layout features a gas range, double ovens, spacious pantry, oversized dining area, and large gathering room. The primary suite includes a custom walk-in closet and upgraded walk-in shower.
Unlike many new construction homes, this property already includes a fully fenced backyard, enclosed lanai, coated garage and lanai flooring, tankless water heater, EV charging outlet, extended driveway, attic and overhead garage storage, gutters, professional landscape edging, soffit outlets for seasonal lighting, & pre-plumbed water softener loop.
Wingate Landing amenities incl playground, community gathering area beneath mature oak trees, and canoe/kayak launch.Convenient to River City Marketplace, Jacksonville International Airport, shopping, dining, and major roadways.
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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 |
|---|---|---|---|
| Sep 14, 2026 | Sold | ||
| Sold | |||
| Aug 12, 2026 | In contract | - | |
| In contract | |||
| Jul 22, 2026 | Price Decreased |
$519,900
↓ $12K
(2.3%) | |
| Price Decreased | |||
| Jul 7, 2026 | Price Decreased |
$532,000
↓ $6K
(1.1%) | |
| Price Decreased | |||
| Jun 22, 2026 | Price Decreased |
$538,000
↓ $2K
(0.4%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Northside
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$2,250 /mo
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$2,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017