409 SE 4TH Avenue
About This Property
2 BA home lives large. The high vaulted ceilings and large windows flood each room with natural light. Open yet cozy this property flows to the outside and offers that Florida lifestyle you are looking for. The primary bedroom is spacious with a large walk-in closet and primary en-suite. The two quest bedrooms are located on the other side of the home. Amazing storage throughout with large laundry room and pantry storage. The 2 car garage also has two separate storage areas. The exceptional curb appeal of the columned front porch will have you delighted every time you drive home. The brick and hardy board siding is beautiful with low maintenance. Lake Santa Fe is just across the street and you have private boat access just 5 houses down. Work shop in the backyard and RV/BOAT covered storage! 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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 25, 2025 | Sold | ||
| Sold | |||
| Jan 15, 2025 | In contract | - | |
| In contract | |||
| Jan 8, 2025 | Listed by FLORIDA HOMES REALTY & MTG LLC | $447,500 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
| Jun 13, 2023 | Sold | ||
| Sold | |||
| Mar 30, 2023 | Listed by KELLER WILLIAMS GAINESVILLE REALTY PARTNERS | $400,000 | |
| Listed by KELLER WILLIAMS GAINESVILLE REALTY PARTNERS | |||
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Welcome to your perfect home! This 3 bedroom, 2 bathroom home is on a beautiful, high and dry lot and offers plenty of space for entertaining. The large, double parcel, acre + of land ensures that you have all the room you need to enjoy the outdoors. This property includes in-ground irrigation, a beautifully landscaped yard, an enclosed shed, as well as a large metal (pole barn type) covered area for your toys or equipment! Inside, you'll find plenty of charm that will make this house feel like home in no time. With beautiful upkeep throughout, high ceilings, split bedroom floor plan (bedrooms on separate side of house from master bedroom), remodeled bathroom, and custom oak cabinets, this property is an amazing find, but also allows for modifications to suit your taste. This large double parcel is just a few lots from a membership-only boat launch, so you can go from covered storage to launching in minutes! This home was custom built, was over engineered with 2x6 instead of 2x4, and boasts wind mitigation with inspection report. With its beautiful curb appeal, this is sure to be a place where memories are made - so schedule your private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017