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3955 CEDAR COVE Lane
About This Property
The thoughtfully designed floor plan features an open living and dining room combination anchored by a striking coquina fireplace and flooded with abundant natural light. The well-appointed kitchen boasts granite countertops, a new microwave, travertine flooring, a breakfast nook, and a pantry hidden by a stylish barn door. The primary suite offers a private retreat complete with both a standard closet and a walk-in closet, alongside a walk-in shower. Two additional bedrooms provide great flexibility for family, guests, or a home office. Step outside through one of two sets of French doors into a screened-in patio that backs up wooded preserve. --perfect for entertaining or relaxing year-round. Additional highlights include laminate flooring in common areas, cozy carpet in bedrooms, a new vinyl privacy fence in the rear, and a front/rear sprinkler system connected to a separate water meter for cost-effective landscaping. Conveniently located near shopping, dining, schools, parks, and major transportation routes, this exceptional property offers the perfect blend of comfort, style, and location.
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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 |
|---|---|---|---|
| Jul 17, 2026 | Sold | ||
| Sold | |||
| Jun 6, 2026 | In contract | - | |
| In contract | |||
| Jun 4, 2026 | Listed by HARRIS REAL ESTATE | $374,900 | |
| Listed by HARRIS REAL ESTATE | |||
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About Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017