615 CHERRY GROVE Road
About This Property
The property features a spacious three-car garage and a large circle driveway, providing ample parking and storage space. As you enter the home, you'll be greeted by an abundance of large windows that allow natural light to flood each room, creating a bright and airy ambiance throughout. The formal dining and living spaces are perfect for hosting gatherings or enjoying quiet moments with family and friends.
The heart of the home is the gourmet-inspired kitchen, equipped with newer stainless-steel appliances, sleek countertops, and ample cabinetry. Whether you're a seasoned chef or simply enjoy cooking, this kitchen offers everything you need to create culinary masterpieces. The kitchen seamlessly flows into the large family room, which is centered around a cozy gas fireplace, making it the perfect spot for relaxation and entertainment. An additional casual dining space enjoys a view of the back garden through a large frames glass window.
The first-floor primary suite is a true retreat, offering privacy and comfort. The spacious bedroom features plenty of natural light, while the ensuite bathroom boasts modern fixtures, a jetted tub, and a separate walk-in shower. This space is designed for ultimate relaxation and convenience. Two generously sized closets are fitted with custom built-ins to maximize storage and organization.
Step outside to the lush green backyard, where you'll find a peaceful oasis that's perfect for outdoor activities or simply unwinding after a long day. The yard is beautifully maintained, offering both beauty and functionality. A large covered and screen patio leads to an open and airy wooden deck where you can enjoy the fresh air and tranquility.
Two additional guest bedrooms share a hall bathroom downstairs, which a guest suite is the perfect place for a flex-room or additional guest bedroom upstairs with its own private bathroom. Also downstairs you'll find a dedicated home office with high ceilings and wonderful natural light.
This home is move-in ready, with every detail thoughtfully considered to provide comfort, style, and convenience. Whether you're looking for a family home or a luxurious retreat, this Orange Park Country Club property is sure to exceed your expectations. Enjoy resort-style amenities right across the street, including a playground, park, and pool area.
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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 |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Oct 25, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Relisted | $595,000 | |
| Relisted | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Sep 3, 2024 | Listed by ENGEL & VOLKERS FIRST COAST | $595,000 | |
| Listed by ENGEL & VOLKERS FIRST COAST | |||
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About Bellair-Meadowbrook Terrace
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017