1863 WOODMERE Drive
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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 |
|---|---|---|---|
| Dec 18, 2024 | Sold | ||
| Sold | |||
| Nov 9, 2024 | In contract | - | |
| In contract | |||
| Sep 16, 2024 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $1,675,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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Discover your dream home on the St. Johns River, the expansive views of Downtown Jacksonville create the perfect backdrop for everyday living and special occasions. This gorgeous Fairfax Manor residence not only offers a front-row seat to spectacular Fourth of July and New Year's Eve fireworks but also a lifestyle of luxury and comfort. This beautiful property boasts 4 spacious bedrooms and 4.5 beautifully appointed bathrooms. 3 bedrooms and 3.5 baths in the main home and 1 bedroom and 1 full bathroom in the guest cottage. The inviting living areas are designed for entertaining, featuring an impressive kitchen equipped with a new Sub-Zero refrigerator, perfect for culinary enthusiasts. Relax in your serene primary bathroom, finished with luxurious marble heated flooring, a marble double vanity, and a spacious shower that exudes sophistication. Ample storage is available with a waterproofed basement and an unfinished attic area, providing endless possibilities for customization. For visitors or additional privacy, the separate guest cottage includes 1 bedroom, 1 bathroom, and versatile office/exercise space.
Step outside to your recently built dock, complete with a two-story deck and a 16,000-pound lift - perfect for boating and waterside gatherings. Riverfront homes of this caliber are a rare find! Schedule your showing today!
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| Sep 19, 2016 | Sold | ||
| Sold | |||
| Apr 1, 2016 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $895,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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About Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017