2985 CAPE VIEW Drive
About This Property
Situated on an impressive 1.19-acre lot, the property provides a serene and private setting with peaceful wooded view that can be enjoyed from the covered back porch.
Inside you'll find a warm and inviting living area highlighted by a cozy electric fireplace, creating the ideal space to unwind. The home has been well maintained with major updates already completed, including a shingle roof replaced in 2020 and HVAC systems updated in 2020 and 2023, offering peace of mind for years to come.
Conveniently located just minutes from River City Marketplace and Jacksonville International Airport. Don't miss the opportunity to make this exceptional property your own!!
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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%.
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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 |
|---|---|---|---|
| Apr 3, 2026 | Sold | ||
| Sold | |||
| Mar 1, 2026 | In contract | - | |
| In contract | |||
| Feb 26, 2026 | Price Decreased |
$639,900
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Jan 9, 2026 | Listed by WATSON REALTY CORP | $649,900 | |
| Listed by WATSON REALTY CORP | |||
| Aug 17, 2025 | Listed | $624,000 | |
| Listed | |||
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This gorgeous all-brick home is full of character, natural light, tall ceilings and beautiful crown molding. 3BR + 4th BR or Office, Living, Dining, Kitchen, Family, Laundry and FL Room + 3 full bathrooms. As you enter the foyer you will love the open living areas. Kitchen is spacious and has lots of cabinets and counter space, quartz countertop, stainless appliances and eat-in area for casual meals and separate dining room for more formal affairs. Relax in the large family room with cozy fireplace. Large master BR with seating area to relax or read a book. Master bath has shower, double vanity, private water closet and two walk-in closets. 2nd and 3rd bedroom also have walk-in closets. Replaced all flooring within 4 years. You will love the 3+ car garage / lot of storage + an outside storage building purchased in 2024. Roof replaced in 2020, 1 HVAC replaced in 2020 and the second one replaced 2023. Water heater replaced 2022 and well pump replaced 2024. Replaced septic field lines 2021. Replaced water treatment system 2020 which includes water softener. Automatic sprinkler system. Back yard is fenced but can be cleared another 100 or more feet if needed. Home is located on a nice private cul-de-sac.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017