5164 MARLENE Avenue
About This Property
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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 |
|---|---|---|---|
| Jun 18, 2025 | Sold | ||
| Sold | |||
| May 18, 2025 | In contract | - | |
| In contract | |||
| May 7, 2025 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $179,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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Welcome home to this move-in ready Home! Freshly painted & updated, this concrete block 3-Bedroom property is perfect for first-time buyers looking for comfort, functionality & room to grow. The open layout features a split floor plan with the Third Bedroom set apart from the others which is ideal for guests or for use as a Home Office, Bonus Room or Flex Room. The Bathroom includes a no-step walk-in shower for easy access. Enjoy a spacious covered Screened-in Back Porch overlooking the oversized Backyard which has plenty of space to entertain, garden, play, or just relax. A large shed with electricity offers extra storage for tools & toys. The Roof was installed in 2019 which is the same year that the double-paned Windows were installed. Additionally, this property has previously been a successful Rental and offers great potential for future income. Schedule your Showing today!
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| Apr 10, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 9, 2025 | Price Decreased |
$169,900
↓ $5K
(2.9%) | |
| Price Decreased | |||
Property Highlights
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Price/ft²
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About Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017