3.77 AC SHELLCRACKER Road
About This Property
In 1943, National Association of Realtors president Cyrus Crane Willmore declared in a speech before the association's Board of Directors: "Property ownership is fundamental to our way of life. The first five words of our Code of Ethics should be impressed upon the minds of every man, woman and child in our country. They are, 'Under all... is the Land.'"
With easy access to I-295 & Dames Point, you can be anywhere in town in 45 minutes or less! Very near the new River City Marketplace for all types of shopping, the Jacksonville International Airport, the new UF Health medical facility, the Jacksonville Zoological Gardens, area beaches and more.
Be sure to check out the Wm. F. Sheffield Regional Park featuring three basketball courts, a picnic pavilion with grills, two soccer and football multi-use fields, a fishing pier, a canoe launch, asphalt trails, concessions and rest rooms.
Just up the road a bit is the Betz Tiger Point Preserve, "surrounded by awe inspiring broad expanses of saltwater marsh. Stunning scenic views as well as abundant wildlife can be seen in this natural setting. With its adjoining neighbor, Pumpkin Hill Creek Preserve State Park, visitors can enjoy miles of nature trails for hiking, biking and equestrian use, kayak/canoe areas, and ample fishing. Use the canoe launch a few hundred feet south of the Preserve to launch your canoe and explore the salt marshes."
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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 |
|---|---|---|---|
| Jun 28, 2017 | Sold | ||
| Sold | |||
| Jan 26, 2017 | Listed by LISA DUKE REALTY LLC | $99,000 | |
| Listed by LISA DUKE REALTY LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017