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5489 OAK FOREST Drive
About This Property
Enjoy true peace of mind with a brand-new septic tank and drain field, fully permitted. The spacious yard provides endless possibilities for outdoor living, entertaining, or future expansion, while the large circular driveway offers ample parking and convenience. Located in Jacksonville, one of Florida's fastest-growing markets, known for strong job growth, expanding infrastructure, and increasing housing demand. This home is move-in ready and ideal for homeowners or investors seeking value, stability, and long-term appreciation. Convenient access to major roads, shopping, dining, and employment centers.
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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 23, 2026 | Sold | ||
| Sold | |||
| Jan 26, 2026 | In contract | - | |
| In contract | |||
| Jan 17, 2026 | Price Decreased |
$288,900
↓ $1K
(0.3%) | |
| Price Decreased | |||
| Dec 30, 2025 | Listed by CENTURY 21 LIGHTHOUSE REALTY | $289,900 | |
| Listed by CENTURY 21 LIGHTHOUSE REALTY | |||
| May 29, 2025 | Listed | $139,000 | |
| Listed | |||
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This 2/1 block home offers 1,228 sq ft of space, plenty of room to convert into a 3/2 and boost its value. Whether you're an investor or a homeowner ready to renovate, this property is a great opportunity to create something special. The HVAC system was replaced in 2021, giving you a solid head start. Located in a quiet neighborhood near schools, parks, and with easy access to shops and main roads.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017