244 APPIAN Avenue
About This Property
Step inside and you'll immediately feel the thoughtful design and welcoming atmosphere. The open-concept layout creates an easy flow between the main living spaces, making everyday living comfortable and entertaining seamless.
The kitchen sits at the heart of the home -- perfectly positioned for gathering, hosting, and making everyday moments feel special. Whether you're preparing a quiet dinner or entertaining friends and family, this space was designed to bring people together offering two options for a dining area plus a breakfast bar off of the island. Enjoy your open family room with an additional Florida Room outback that doubles as a living space- or a space to unwind or start your day surround by natural light. The primary suite offers a peaceful retreat from the day, with en suite offering a stunning walk in shower, large soaking tub, two separate vanities, and a large walk in closet. Two additional bedrooms down the hallway with a shared bath and laundry room off of garage. Bonus room upstairs with full bath- ideal for a secondary TV/Entertanment area or multi generational living! And then there's the community.
Living in Shearwater means enjoying one of Northeast Florida's most desirable lifestyle communities, known for its incredible amenities, scenic nature trails, and vibrant neighborhood feel. From the resort-style lagoon pool and lazy river to parks, fitness facilities, and community events, there is always something to enjoy just outside your door.
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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 |
|---|---|---|---|
| Aug 10, 2026 | Sold | ||
| Sold | |||
| Jul 20, 2026 | In contract | - | |
| In contract | |||
| Jun 19, 2026 | Price Decreased |
$518,000
↓ $7K
(1.3%) | |
| Price Decreased | |||
| May 7, 2026 | Price Decreased |
$525,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Mar 11, 2026 | Listed by NAVY TO NAVY HOMES LLC | $535,000 | |
| Listed by NAVY TO NAVY HOMES LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017