261 SPRING PARK Avenue
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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 3, 2021 | Sold | ||
| Sold | |||
| Mar 18, 2021 | Listed by REMAX LEADING EDGE | $427,000 | |
| Listed by REMAX LEADING EDGE | |||
| Aug 11, 2017 | Sold | ||
| Sold | |||
| Jul 31, 2017 | Listed | $324,000 | |
| Listed | |||
| | |||
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Pristine beach cottage has all the bells & whistles! Shows like a model- pride of ownership shows at every corner! Light kitchen & dining room cabinetry and quartz counter tops. This home has 40k+ upgrades!Located on a quiet cup-de-sac on a rare preserve lot! Open floor plan concept on a low mtc lot. Master retreat located in the back to enjoy preserve views. Master has a huge walk in closet and super shower. Kitchen and dining room open to large family room with surround sound w/5 speakers. Sliders lead to a peaceful screened lania. Currently the office and the 3rd bedroom are open providing a HUGE flex room which offers tons of options Should you want to install the wall to provide a 3rd br +office/very ez to do. Huge perk Walk to Valley Ridge Acadamey & enjoy the Nocatee lifestyle!The manager has listed the unit size as 2112 square feet.
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| Jun 23, 2017 | Listed by RE/MAX UNLIMITED | $324,000 | |
| Listed by RE/MAX UNLIMITED | |||
| | |||
|
Pristine beach cottage has all the bells & whistles! Shows like a model- pride of ownership shows at every corner! Light kitchen & dining room cabinetry and quartz counter tops. This home has 40k+ upgrades!Located on a quiet cup-de-sac on a rare preserve lot! Open floor plan concept on a low mtc lot. Master retreat located in the back to enjoy preserve views. Master has a huge walk in closet and super shower. Kitchen and dining room open to large family room with surround sound w/5 speakers. Sliders lead to a peaceful screened lania. Currently the office and the 3rd bedroom are open providing a HUGE flex room which offers tons of options Should you want to install the wall to provide a 3rd br +office/very ez to do. Huge perk Walk to Valley Ridge Acadamey & enjoy the Nocatee lifestyle!
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Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Southeast Jacksonville
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1100311
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