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5440 SPRING BROOK Road
About This Property
Ready to enjoy easy Florida living? This 3 bedroom, 2 bath home offers 1,508 sq. ft. of bright, welcoming space with tile flooring throughout the main living areas, skylights that fill the home with natural light, and a wood burning fireplace that adds warmth and character. The kitchen features newer stainless steel appliances, while the covered patio and wraparound back porch provide the perfect setting for relaxing, entertaining, or simply enjoying the outdoors. With an HOA of just $165 per quarter, including weekly front lawn service plus access to a community pool, basketball and tennis courts, you'll spend less time on upkeep and more time enjoying home. The neighborhood also offers beautiful views of the St. Johns River, adding to the peaceful atmosphere. Move right in and enjoy all this welcoming community has to offer.
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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 |
|---|---|---|---|
| Jul 27, 2026 | In contract | - | |
| In contract | |||
| Jul 20, 2026 | Relisted | $299,900 | |
| Relisted | |||
| Jul 20, 2026 | Price Decreased |
$285,000
↓ $15K
(5%) | |
| Price Decreased | |||
| Jul 14, 2026 | In contract | - | |
| In contract | |||
| Jul 8, 2026 | Price Increased |
$299,900
↑ $5K
(1.7%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017