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418 NW 48TH BOULEVARD #610
About This Property
Inside, the open and spacious single-story floor plan features NEW waterproof luxury vinyl plank flooring throughout, vaulted ceilings and abundant natural light. The kitchen opens to the main living area and features wood cabinetry, epoxy-refinished countertops, a breakfast bar and matching appliances. The great room flows directly to the screened porch, extending the living space outdoors and taking advantage of the wooded backdrop.
The split-bedroom floor plan provides added privacy, with a spacious primary suite featuring a walk-in closet and private en-suite bath. Recent improvements include a NEW 40-gallon water heater in 2026, epoxy-refinished kitchen and bathroom countertops in 2026, A/C replaced in 2022, refreshed interior paint, newer appliances, replaced interior doors, and upgraded ceiling fans and lighting. An attached one-car garage provides parking, storage and laundry space.
Mill Pond amenities include a community pool, clubhouse, tennis courts and sidewalks. Gainesville Health & Fitness is directly across the street, with public transportation nearby. The location offers convenient access to the University of Florida, UF Health/Shands, HCA Florida North Florida Hospital, VA Medical Center, UF College of Veterinary Medicine, Santa Fe College, shopping, dining and downtown Gainesville.
From the private courtyard out front to the screened porch and wooded setting out back, this Mill Pond end unit offers a combination of indoor comfort, outdoor space and Gainesville convenience that's difficult to duplicate. Schedule your private showing and experience it for yourself.
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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 |
|---|---|---|---|
| Sep 30, 2026 | Sold | ||
| Sold | |||
| Aug 31, 2026 | In contract | - | |
| In contract | |||
| Aug 24, 2026 | Listed by FIRST CHOICE REALTY OF NORTH FLORIDA LLC | $240,000 | |
| Listed by FIRST CHOICE REALTY OF NORTH FLORIDA LLC | |||
Property Highlights
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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Building Info
- 1 Unit for Sale
About Mill Pond
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017