3424 NW 7TH PLACE
About This Property
Do you have a vision for your dream home close to the heart of Gainesville? This charming 4-bedroom, 2-bathroom home in Westside Estates offers 1,588 square feet of thoughtfully designed living space on a spacious quarter-acre lot, ready for you to move in and make it your own.
From the moment you arrive, you'll notice the welcoming curb appeal, featuring a low-maintenance front yard adorned with palm trees and a striking front archway that gives the porch its standout charm. Inside, the open living and dining area is filled with natural light and finished with tile flooring throughout.
Through another graceful archway, you'll find the updated kitchen, complete with granite countertops, stainless steel appliances, white shaker cabinets, and a statement backsplash. Just off the kitchen is a cozy flex space, perfect for a breakfast nook, reading corner, or home office, and a laundry closet tucked conveniently nearby.
The split floor plan offers privacy, with the primary suite located to the left of the home. It features an en-suite bath with a walk-in shower. The remaining three bedrooms, located on the opposite side, share an updated hall bathroom with a modern vanity and tiled shower/tub combo. Each bedroom offers generous built-in closets and attractive luxury vinyl plank flooring.
Step outside into the oversized screened-in porch, ideal for morning coffee or winding down in the evening, overlooking your paver patio and fully fenced backyard. There's plenty of space to entertain, garden, or just enjoy Florida's sunshine.
Major systems including the roof, HVAC, water heater, and windows were all updated in 2017, and high-speed AT&T fiber optic internet is available for seamless work-from-home days. With no HOA fees, you'll enjoy flexibility and affordability, all just minutes from UF, UF Health Shands, shopping, dining, and Albert Massey Park just across the street!
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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 |
|---|---|---|---|
| Jan 28, 2026 | Sold | ||
| Sold | |||
| Nov 6, 2025 | In contract | - | |
| In contract | |||
| Sep 6, 2025 | Price Decreased |
$295,000
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Aug 6, 2025 | Listed by KELLER WILLIAMS GAINESVILLE REALTY PARTNERS | $305,000 | |
| Listed by KELLER WILLIAMS GAINESVILLE REALTY PARTNERS | |||
| May 1, 2025 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017