2355 CEDAR SHORES Circle
About This Property
The expansive backyard has been beautifully redeveloped, including the addition of over 25 loads of dirt to create a spacious, usable area. Enjoy the shade and beauty of fruit trees throughout, and take advantage of the custom-built, city-approved chicken coop-ready for your own chickens to provide fresh, daily eggs.
Entertain in style with a pool area that's perfect for hosting gatherings, and enjoy stunning river views from the comfort of the back porch, offering a peaceful retreat on summer evenings. This home has been modernized with an open-concept floor plan, ideal for contemporary living. Major upgrades throughout include a new architectural shingle roof with a transferable warranty, top of the line York HVAC system, updated electrical, new water lines, and replaced cast iron drain lines. A brand-new septic system ensures reliability and peace of mind. The tankless water heater provides on-demand hot water while being energy-efficient.
The fully remodeled Florida basement offers an additional 240 square feet of heated and cooled space, complete with its own mini-split system and a full bathroom. This versatile space serves as an ideal guest suite, offering privacy for family or friends, or can be transformed into a recreational area. The home's completely remodeled kitchen and laundry area have been updated to offer functionality, style, and convenience, and all bathrooms have been thoughtfully refreshed to complement the home's character.
From every room in the home, you'll enjoy breathtaking views and easy access to the back porch and pool area. The laundry room has been completely overhauled and includes an exit to the side of the home. With two driveways, the side entrance provides easy access to the Florida basement, and leads to a scenic pathway down to the water.
Originally a three-bedroom home, the layout has been thoughtfully converted into two spacious bedrooms, including a luxurious owner's suite with ample room for your dream bedroom. Each bathroom features tile that maintains the home's timeless character, staying true to its era.
The property also boasts a show-stopping burled maple fireplace mantel with a wood-burning fireplace, perfect for cozy evenings.
Looking for a home on the water? This property has it alldirect access to the St. Johns River, with a boathouse, bulkhead, and water depth of approximately 4 feet. The fenced backyard offers privacy and security, making it the perfect retreat for outdoor living and entertaining.
The front entry has been upgraded with new hardscaping, and the lush landscaping throughout the property adds to its charm and appeal. Additionally, the property includes a designated RV hookup with a new 30-amp circuit, providing convenience for your RV needs. Best of all, this home does not require flood insuranceproviding additional peace of mind for the new owner.
This is a rare opportunity to own a one-of-a-kind property right inside the city limits. Schedule your showing todaythis unique riverfront home won't last long!
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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 2, 2025 | Sold | ||
| Sold | |||
| Apr 18, 2025 | In contract | - | |
| In contract | |||
| Apr 9, 2025 | Relisted | $599,900 | |
| Relisted | |||
| Mar 31, 2025 | In contract | - | |
| In contract | |||
| Mar 7, 2025 | Listed by UNITED REAL ESTATE GALLERY | $599,900 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
Property Highlights
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About Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017