623 MANDALAY 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 |
|---|---|---|---|
| Dec 9, 2025 | Price Decreased |
$352,000
↓ $12K
(3.3%) | |
| Price Decreased | |||
| Nov 8, 2025 | Price Decreased |
$364,000
↓ $11K
(2.8%) | |
| Price Decreased | |||
| Sep 18, 2025 | Price Decreased |
$374,500
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Aug 25, 2025 | Price Decreased |
$384,500
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jul 31, 2025 | Listed | $389,500 | |
| Listed | |||
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Spacious 4-bedroom, 3-bath home for sale in Jacksonville, FL 32216 offering 2,059 sq ft of flexible living space on a generous 0.23-acre lot with no HOA. Located in the established Holiday Hill / Grove Park neighborhood, this property blends size, character, and value. Inside you'll find open-beam ceilings, abundant natural light, multiple living areas, and a versatile bonus room ideal for a home office, media room, or fitness space. Original mid-century details add charm, while the screened sunroom and wood deck extend living outdoors and overlook a spacious private backyard with room to entertain or expand. Covered carport, ample storage, and a functional layout provide convenience and comfort. Convenient to shopping, dining, schools, downtown Jacksonville, and the beaches. Homes of this size on larger lots in ZIP 32216 are increasingly rare—schedule your showing today.
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Property Highlights
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About Greater Arlington
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,700 /mo
- 3 Beds
- 2 Baths
- 1,258 ft²
$1,850 /mo
- 3 Beds
- 1 Bath
- 1,412 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017