1418 PALMER Terrace
About This Property
4 bedrooms, 3 and half baths, an open floor plan, nearly 3000 square feet and a large fenced back yard with ample room for an added pool.
Located near top rated private schools, minutes to San Marco Square, downtown Jacksonville, Florida and the beaches. Easy access to I-95 and I-10 provides short travel times to most Jacksonville destinations
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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%.
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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 |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| Mar 27, 2024 | Listed by EXP REALTY LLC | $569,000 | |
| Listed by EXP REALTY LLC | |||
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Step into an elegantly updated haven where hardwood floors and natural light welcome you. The living room, centered around a cozy wood-burning fireplace, sets the stage for relaxation. Entertain in the spacious dining area, boasting built-in shelves for your treasures. The chef's kitchen is a masterpiece of design, featuring a large island, stainless appliances, and granite countertops. French doors in the family room open to a screened lanai, offering a picturesque setting for outdoor gatherings against the backdrop of a beautifully landscaped yard. The master suite is a retreat of luxury, with ample closet space and a modern en-suite, complemented by an additional large bedroom with its own bath. Located conveniently close to schools and dining, this home is the perfect blend of comfort and sophistication.
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| Jan 28, 2024 | Listed by WATSON REALTY CORP | $609,900 | |
| Listed by WATSON REALTY CORP | |||
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What a charming 2 story home located in the desirable St Nicholas community. This home features a living room with a wood burning fireplace, dining room with a custom built in, open kitchen with large island that overlooks the family room which features french doors that lead to a large screened lanai that overlooks the fully fenced backyard. The primary bedroom has lots of closet space and features an updated primary bathroom and there is an additional bedroom that also features a private bathroom. This home is perfect for entertaining and is located close to downtown, schools, shopping and the highway!
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| Sep 8, 2023 | Listed by COLDWELL BANKER VANGUARD REALTY | $600,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
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Exquisite home that has been thoughtfully updated, featuring hardwood floors and a spacious backyard. The bright formal living room, bathed in natural light, has a cozy wood burning fireplace as the focal point. The large dining room has built in shelves to display your china or glassware. The chef's kitchen boasts an expansive island, updated cabinetry, stainless appliances, and granite counters. The family room area has French doors that lead outside to the screened lanai, perfect for outdoor dining and entertaining, with a view of the well maintained landscaped back yard. The master suite has plenty of closet space and a beautifully modernized en-suite. An additional sizeable bedroom offers a private bath. Conveniently located close to schools and restaurants.
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| Jul 27, 2020 | Sold | ||
| Sold | |||
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About Greater Arlington
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 965633
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