3844 DANFORTH Drive W
About This Property
You'll love the volume ceilings and gorgeous hardwood floors in the downstairs main living areas. The updated kitchen boasts top-of-the-line Electrolux stainless steel appliances, 42'' cabinets, and granite counters, all overlooking the family room with a vaulted ceiling and wood-burning fireplace. The spacious owner's suite, located on the first floor, includes two walk-in closets and a luxurious bathroom with a large upgraded shower, dual vanity, and travertine tile floors. The laundry room comes fully equipped with a washer and dryer.
Upstairs, a large bonus room awaits, along with three additional bedrooms and a spacious hall bath. The sunroom off the family room leads to a large deck overlooking the fully fenced backyard with shed. Additional features include water softener, under-sink water filtration system, whole-house generator wiring with an included generator. Exterior recently painted, water heater 2021, refrigerator 2021, roof 2017, new upstairs HVAC, and a fantastic location just minutes from the beaches, I-295, I-95, and major shopping and restaurants.
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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 |
|---|---|---|---|
| Oct 10, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
| Aug 24, 2024 | Price Decreased |
$624,900
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Aug 13, 2024 | Price Decreased |
$634,900
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Aug 9, 2024 | Price Decreased |
$644,900
↓ $5K
(0.8%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017