295 MAXWELL Drive
About This Property
Welcome to this beautiful 3-bedroom, 2.5-bathroom waterfront home! Nestled on a high, elevated bluff overlooking a wide canal that leads directly to the beautiful St. Johns River.
This immaculate home has an open floor plan with great views of the water. Cathedral ceilings and large windows enhance the home's ambiance, allowing you to enjoy the stunning views from every corner. Multiple closets and a spacious 2-car garage offer plenty of storage. Start your day with a refreshing morning on the spacious screened porch, or unwind in the evening on the large covered deck, perfect for outdoor grilling.
Welaka is a charming small golf cart community, boasts excellent fishing and boating opportunities.
Short drive to Palatka, St. Augustine beach and Daytona beach!
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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 |
|---|---|---|---|
| Aug 24, 2026 | Sold | ||
| Sold | |||
| Jul 29, 2026 | In contract | - | |
| In contract | |||
| Jun 28, 2026 | Price Decreased |
$454,900
↓ $20K
(4.2%) | |
| Price Decreased | |||
| May 8, 2026 | Price Decreased |
$474,900
↓ $25K
(5%) | |
| Price Decreased | |||
| Apr 7, 2026 | Price Decreased |
$499,900
↓ $40K
(7.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017