1963 HICKORY TRACE Drive
About This Property
The climate-controlled garage, with an epoxy-coated floor, is ideal for a workshop or extra storage space. With a new roof and spray foam insulation, this home is energy-efficient and move-in ready.
Located in the sought-after River Hills Reserve, in Fleming Island, gated community, walking distance to top-rated schools. Close to shopping, dining, 2 community pools, tennis & basketball courts, walking distance to golf course clubhouse, this home is a true must-see. 5th bedroom being used as an office.
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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 |
|---|---|---|---|
| Mar 21, 2025 | Sold | ||
| Sold | |||
| Feb 15, 2025 | In contract | - | |
| In contract | |||
| Feb 8, 2025 | Price Decreased |
$650,000
↓ $35K
(5.1%) | |
| Price Decreased | |||
| Jan 24, 2025 | Price Decreased |
$685,000
↓ $13K
(1.9%) | |
| Price Decreased | |||
| Dec 17, 2024 | Listed by WATSON REALTY CORP | $698,000 | |
| Listed by WATSON REALTY CORP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017