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7227 WENDY Circle
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 |
|---|---|---|---|
| Jul 22, 2026 | Listed by FLORIDA HOMES REALTY & MTG LLC | $365,100 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
| May 1, 2026 | Sold | ||
| Sold | |||
| Mar 29, 2026 | In contract | - | |
| In contract | |||
| Mar 14, 2026 | Listed by INTEGRITY KEY REALTY LLC | $189,900 | |
| Listed by INTEGRITY KEY REALTY LLC | |||
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Strictly sold as-is. This Jacksonville property offers a strong opportunity in the established Tidewater Acres neighborhood. Built in 1954 and offering a main house of 1,522 square feet, this 3-bedroom, 2-bath and a detached mother-in-law suite (480 sq ft), for a total of 2,002 sq ft. home sits on a quiet residential street surrounded by mature trees and classic homes.
The property has a solid footprint and a traditional layout that provides a great starting point for a full renovation. The home currently requires extensive updates, including a complete kitchen remodel, bathroom renovations, new flooring throughout, and a full roof replacement. With the right improvements, the space can be transformed into a refreshed and modern home while maintaining its original character.
A notable feature is the separate mother-in-law suite, which adds additional space and flexibility. This area also requires a complete renovation, offering the opportunity to redesign and maximize the property's overall functionality. Located in Tidewater Acres, the home benefits from a central Jacksonville location with convenient access to the Arlington Expressway, downtown Jacksonville, shopping centers, restaurants, and major employers. The area is also close to the St. Johns River, local parks, and boat ramps, making it easy to enjoy outdoor recreation and waterfront areas.
With generous square footage, additional living space, and a well-located Arlington address, this property presents a strong opportunity for a full transformation. Once updated, it has the potential to become a standout home in this established Jacksonville neighborhood. Heated square footage includes both the main house (1,522 sq ft) and a detached mother-in-law suite (480 sq ft), for a total of 2,002 sq ft. Property is strictly sold as-is.
The information provided in this listing is the best of the seller's/ Listing agent knowledge and cannot be exclusively relied on by buyer. Buyer must independently verify all information pertaining to the property.
"Seller never occupied. Neither the seller or listing agent make any representations as to the accuracy of any information contained herein. Buyer/buyer agent must conduct their own due diligence, verifications, research and inspections and are relying solely on the results thereof."
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| Nov 22, 2003 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017