3440 SANCTUARY Boulevard
About This Property
Remodeled one owner waterfront home on beautiful bulkhead lot on Lake Ibis in The Sanctuary, Jacksonville Beach's premier gated community nestled between the beach and the Intracoastal Waterway with pool, tennis, dock, gated entry, and nature walk. Enjoy water views from your formal living, dining, and family room with double sided fireplace. Updated kitchen and baths, stainless appliances, screened lanai, wood-look tile floors, knockdown ceilings and inside laundry room. New roof in 2009, new Pella windows and doors in 2015, and new HVAC in 2017. Lots of natural light, sprinkler system and termite bond. Easy access to JTB, shops, restaurants, and Mayo.
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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 |
|---|---|---|---|
| Aug 22, 2018 | Sold | ||
| Sold | |||
| Jul 10, 2018 | Listed by RE/MAX COASTAL REAL ESTATE | $375,000 | |
| Listed by RE/MAX COASTAL REAL ESTATE | |||
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About Beaches
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017