5026 DEGROVE Road
About This Property
Constructed with Norwegian masonry brick and copper wiring, the home features a distinctive and thoughtfully designed floor plan. Inside, you'll find three spacious bedrooms and two full bathrooms, with an abundance of natural light streaming through large windows that frame views of mature landscaping and four beautiful oak trees. Storage is plentiful, with two double closets in each bedroom, a large coat closet, a spacious hall closet, a utility closet, and an exterior storage room. The kitchen includes custom cabinetry that could be restored to its original charm, and all appliances are in working order and less than ten years old.
While interior updates such as new flooring, fresh paint, and bathroom renovations would enhance the space, many major systems have already been taken care of. The roof was replaced in 2018 with a high wind-mitigation GAF Seal-A-Ridge system, the HVAC was installed in 2017, the water heater was replaced in 2023, and the septic tank and drain field were updated around 2014.
Surrounded by native plants and nestled among other custom homes on large lots, this rare property offers a unique opportunity to own a well-built home with timeless character in a truly special neighborhood.
Experience the luxury of living near the St John's River with no HOA!
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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 |
|---|---|---|---|
| Aug 27, 2025 | Sold | ||
| Sold | |||
| Jul 31, 2025 | In contract | - | |
| In contract | |||
| Jul 21, 2025 | Listed by EXP REALTY LLC | $349,000 | |
| Listed by EXP REALTY LLC | |||
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017