138 S HERNANDO AVENUE
About This Property
Craftsman Character with Endless Potential in Growing Arcadia
This classic 3-bedroom, 2-bathroom Craftsman-style home offers the timeless charm of a bygone era-with the opportunity to make it truly your own. From the inviting wraparound porch to the detached garage and spacious lot, every corner of this property reflects the craftsmanship and architectural style that define historic Arcadia.
Inside, the home remains largely untouched, presenting a blank canvas for those with vision. While no recent updates have been made, the solid bones and vintage character create the perfect foundation for thoughtful restoration. One of the bathrooms is ready for a tub installation, giving you the chance to customize the space to fit your needs.
Surrounded by an eclectic mix of architectural styles and centrally located within town, this home sits in the heart of one of Florida's most authentically charming and increasingly bustling communities. With a bit of creativity and planning, it's easy to imagine transforming this property into your personal oasis.
This is a rare opportunity to own a piece of Arcadia's history and breathe new life into a home filled with potential. If you're looking for a property that invites imagination and rewards vision, this is it.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 20, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| Jun 16, 2025 | Price Decreased |
$170,000
↓ $30K
(15%) | |
| Price Decreased | |||
| May 27, 2025 | Listed by EPIQUE REALTY, INC. | $200,000 | |
| Listed by EPIQUE REALTY, INC. | |||
| Dec 5, 2024 | Price Increased |
$195,000
↑ $18K
(10.2%) | |
| Price Increased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Arcadia
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,600 /mo
- 3 Beds
- 1 Bath
- 1,169 ft²
$1,300 /mo
- 2 Beds
- 1 Bath
- 868 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017