3844 TOWNSEND Boulevard
About This Property
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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%.
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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 |
|---|---|---|---|
| Jul 18, 2024 | Sold | ||
| Sold | |||
| Jun 4, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by FLORIDA HOMES REALTY & MTG LLC | $649,900 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
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Introducing your stunning waterfront property with marsh views! This home is perfect for water enthusiasts, whether you enjoy boating, jet skiing, kayaking, or fishing. Nestled in a peaceful neighborhood on 2.17 acres. This home offers a serene escape surrounded by fruit trees, old oaks, and rolling hills. The waterfront views overlook tidal Newcastle Creek, leading to Mill Cove and the beautiful St. Johns River. Don't forget to bring your kayaks or small boat to dock right at your own private dock! Over 200K in updates including maple cabinetry, quartz countertops, and premium appliances and fixtures. A new architectural roof has recently been installed, ensuring durability and longevity. Additionally, the property is equipped with an artesian well featuring a filtration system, as well as two septic tanks, eliminating the need for water/sewer bills. Being centrally located allows you to easily access all the exciting events and attractions the city has to offer. You will be in the perfect spot to make the most of everything Jacksonville has in store. You will be 15 minutes to the beach and major sporting events to include cheering on the Jaguars at their stadium, triple AAA baseball and ECHL Hockey games.
NO FLOOD INSURANCE REQUIRED
Property features:
NO HOA
30 minutes to NAS JAX, Navy Base Mayport and 49 minutes from SUBASE Kings Bay
Hurricane shutters
New architectural roof
2 a/c units with nest thermostats
Entire home has been replumbed
All windows replaced in the past 2 years with transferrable warranty
Home has retreat/repair termite bond with Bug Out
Fanamation ceiling fans throughout
Wood burning fireplace in livingroom and master bedroom
Self close custom maple cabinetry in kitchen and baths
700+ foot artesian well
2 septic tanks (one for house and seperate one for laundry)
Oversized 3 car insulated side entry garage
Detached 2 car garage with electrical
Detached 2 stall carport
No Water or sewer bills
| |||
| Feb 24, 2017 | Sold | ||
| Sold | |||
| Nov 13, 2016 | Listed by RE/MAX COASTAL REAL ESTATE | $335,000 | |
| Listed by RE/MAX COASTAL REAL ESTATE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017