2950 REX Drive
About This Property
The backyard features a chicken coop with one friendly free-range chicken, a man cave shed with electric and mini split unit, a swingset, and a playhouse-making this property truly one of a kind. Inside, you'll find wood-look tile flooring throughout, tasteful finishes, updated windows, a metal roof, and updated siding. The oversized one-car garage offers plenty of space for storage or hobbies.
Conveniently located in Jacksonville's Southside area, you're just minutes from St. Johns Town Center, shopping, dining, medical facilities, and major highways. At this price, this home is truly a steal of a deal!
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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 |
|---|---|---|---|
| Dec 23, 2025 | Sold | ||
| Sold | |||
| Nov 25, 2025 | In contract | - | |
| In contract | |||
| Nov 17, 2025 | Price Decreased |
$284,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Oct 30, 2025 | Price Decreased |
$289,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Oct 24, 2025 | Price Decreased |
$294,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017