3761 ORTEGA Boulevard
About This Property
Built in 1926, this five-bedroom, three-full-bath, and two-half-bath home is a masterpiece of architectural grandeur, featuring magnificent ceilings and some of the most exquisite woodwork you'll ever encounter. Every inch of this residence tells a story, with details that have been lovingly preserved to showcase its rich heritage.
In addition to the main living spaces, the property includes an attached guest suite above the garage, complete with an additional bedroom, bathroom, and laundry room-ideal for hosting guests, extended family, or a bonus area. Whether you're captivated by its historic allure or its breathtaking river views, this Ortega estate offers a once-in-a-lifetime chance to own a truly unique home that beautifully combines luxury, history, and a prime location on the river.
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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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 11, 2024 | In contract | - | |
| In contract | |||
| Sep 22, 2024 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $3,000,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
Property Highlights
Building Info
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Price/ft²
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About Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017