3631 CEDAR Drive
About This Property
and one bath, and an amazing Florida room. It has a covered carport for two cars and comes with a $2,000 installed ADT alarm system with
cameras. It has all brand new appliances, refrigerator, stove, washer, dryer, and a separate laundry room building on the property that houses
the washer and dryer. This charming home is in a very quaint, military, and LEO community that is bustling with promise located 4 minutes from
Walmart, 5 minutes from I-95 exit/entry ramps and the schools are 5 minutes up the road. It's certainly a must see to believe for the price and
the seller is motivated for a quick sale.
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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 |
|---|---|---|---|
| Jan 23, 2024 | Sold | ||
| Sold | |||
| Dec 11, 2023 | Listed by MONUMENTAL REALTY SERVICES LLC | $199,900 | |
| Listed by MONUMENTAL REALTY SERVICES LLC | |||
| | |||
|
This all block home is a great starter home or home for someone looking to downsize. Close to I-95 and the bus line. Minutes from downtown and 15 minutes to the towncenter. 26 minutes to the beach. Home has tile flooring throughout. Just replumbed this month. New tile in the bathroom. New water heater on the way. Washer and dryer will remain. Kitchen has some updates as well. Security system will remain with the home .
| |||
| Sep 15, 2023 | Listed by VALSTAR REALTY, LLC | $199,000 | |
| Listed by VALSTAR REALTY, LLC | |||
| Jun 28, 2022 | Sold | ||
| Sold | |||
| May 16, 2022 | Listed by VALSTAR REALTY, LLC | $165,000 | |
| Listed by VALSTAR REALTY, LLC | |||
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About Southeast Jacksonville
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1248029
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017