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3138 N 3RD ST Circle
About This Property
The open layout makes the home feel larger than its square footage and creates a bright, comfortable living space. A huge fenced backyard offers plenty of room for pets, entertaining, or simply enjoying the outdoors.
Located in an area seeing strong revitalization with new construction going up next door and throughout the surrounding neighborhood, just minutes from downtown Jacksonville. Homes with this level of renovation at this price point are becoming increasingly hard to find. Seller is also willing to contribute toward a mortgage rate buy-down for qualified buyer.
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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 15, 2026 | Sold | ||
| Sold | |||
| Apr 30, 2026 | In contract | - | |
| In contract | |||
| Mar 6, 2026 | Listed by ONE REALTY CORP | $135,000 | |
| Listed by ONE REALTY CORP | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017