5524 KENNERLY Road
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 |
|---|---|---|---|
| Apr 15, 2025 | Price Decreased |
$425,000
↓ $7K
(1.6%) | |
| Price Decreased | |||
| Feb 20, 2025 | Price Decreased |
$432,000
↓ $18K
(4%) | |
| Price Decreased | |||
| Feb 4, 2025 | Listed | $450,000 | |
| Listed | |||
| | |||
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You Found it! Here is the answer to having a large, spacious lot AND live in the city, close to everywhere you need to be.
Forget about tiny quarter acre lots (or smaller, yikes!). Here is 0.66 acres located in the center of all the Jacksonville excitement. The yard is perfect for all your great outdoor plans; add a pool, a micro-farm (the chicken coop is staying!), outdoor entertaining, workshop, even a guest house! Zoned RLD-60 (3-7 units per acre) in case you have future plans of splitting it up.
If you think you can't have all this space without a long commute, think again! Your new home is right in the heart of Jacksonville, close to schools (including Douglas Anderson Arts Magnet school), near shopping at the St Johns Town Center or charming San Marco, and just a few quick turns to all major roadways.
Unlike the cooky cutter homes of the suburbs this house has more charm and character than any home you've seen before. The story goes it was built by a local brick mason who was clearly a perfectionist! You've never seen a home as well built as this one - an absolute fortress in a storm! You'll see the difference right off when you pull in the driveway. The all brick home has a shining copper roof, brick steps lead to the slate porch and wood front door. In the kitchen, don't get distracted by all the cabinets and storage, you don't want to miss the counters! They were salvaged from a bowling alley floor and re-sealed. No one has a home like this one! Fireplace, Skylights, and fruit bearing trees - there are surprises around every corner!
Updates include a newer (2021) two zoned Trane HVAC, newer (2021) hot water heater, and new LVP floors - no carpet anywhere! Come and see why there truly is NO PLACE LIKE THIS HOME!
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| Jun 25, 2021 | Sold | ||
| Sold | |||
| Feb 27, 2021 | Listed by WATSON REALTY CORP | $275,000 | |
| Listed by WATSON REALTY CORP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017