235 BLAKE Avenue
About This Property
We will be putting the home back on the market after the self isolation order is lifted. ** Nature meets city conveniences! Beautiful 3/2/2 1,902 sq. ft. house on wooded lot just yards from the St. Johns River. Mature tree lined street, almost 1/2-acre lot, huge park-like backyard, partially fence with majestic oak trees and large covered porch and open patio. Gorgeous newer LVP wood flooring throughout the house. Formal dining and flex rooms with arched entries. Large great room with wood burning fireplace (finished in slate tile) & kitchen overlook backyard. Kitchen features granite counters, smooth top range, double bowl porcelain sink, breakfast bar for 3-4 & spacious breakfast nook. Master bedroom has private entry to back porch.
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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%.
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 |
|---|---|---|---|
| May 27, 2021 | Sold | ||
| Sold | |||
| Feb 9, 2021 | Listed by WATSON REALTY CORP | $300,000 | |
| Listed by WATSON REALTY CORP | |||
| Dec 5, 2019 | Listed by WATSON REALTY CORP | $282,000 | |
| Listed by WATSON REALTY CORP | |||
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About Orange Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017