3779 CEDARCREST Drive
About This Property
This thoughtfully updated 4-bedroom, 3-bath home also includes a versatile office or flex space with its own private entrance and multiple living areas that provide excellent flexibility for entertaining, working from home, or multigenerational living.
Major system upgrades have already been completed, making this a truly move-in ready waterfront home. Improvements include a new architectural shingle roof, two high-efficiency HVAC systems, energy-efficient MI windows and sliders, new plumbing supply lines, updated electrical panel, new water heater, and blown-in attic insulation. See feature sheet for even more updates!
The designer kitchen features rift white oak cabinetry, quartz countertops, zellige tile backsplash, custom hood, and GE Cafe© matte white appliance suite. Open living spaces create an easy flow throughout the home while maximizing natural light and water views.
The spacious primary suite offers tongue-and-groove ceilings, a spa-inspired bath with oversized walk-in shower, and a custom closet with washer and dryer hookups.
Outdoor living is just as impressive with covered paver lanais, a large backyard fenced on two sides, and a private dock on the Cedar River with direct boating access and navigable water leading to the St. Johns River--perfect for boating, fishing, kayaking, or enjoying the waterfront lifestyle.
Septic system professionally inspected and in good working order.
Rare opportunity to own a fully renovated waterfront home with a private dock, large lot, and navigable access to the St. Johns River. This is a must see!
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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.
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About Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017