40 ARCHWOOD Drive
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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.
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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 |
|---|---|---|---|
| Apr 1, 2026 | Sold | ||
| Sold | |||
| Mar 4, 2026 | In contract | - | |
| In contract | |||
| Feb 25, 2026 | Price Decreased |
$400,000
↓ $25K
(5.9%) | |
| Price Decreased | |||
| Jan 6, 2026 | Listed by PREMIER HOMES REALTY INC | $425,000 | |
| Listed by PREMIER HOMES REALTY INC | |||
| Mar 29, 2023 | Listed by MARY BLOCK STRONG, BROKER | $475,000 | |
| Listed by MARY BLOCK STRONG, BROKER | |||
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Former beautiful Model home is now available in desirable Shearwater. This 3 bedroom 2 bath David Weekley Bumblebee has an office/flex room plus triple sliders that open to a screened lanai with summer kitchen. The roomy master bedroom has a gorgeous coffered ceiling plus a super-shower. Fabulous large kitchen island has a quartz countertop & pantry with upgraded door. Lots of extras such as leaded glass entry door, paneled wainscoting, crown molding, speakers, landscape lighting, upgraded interior lighting. Come see & stay for the amenities: Lazy Bird River, 3-story waterslide, pools, tennis courts, 15 miles of trails, Fitness Lodge, kayak launch to Trout Creek, playgrounds, dog parks. Another plus - St Johns County schools and easy access to St Augustine & Jacksonville.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017