8022 PIPIT Avenue
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 |
|---|---|---|---|
| Oct 7, 2025 | Price Decreased |
$99,888
↓ $9K
(8.3%) | |
| Price Decreased | |||
| Aug 1, 2025 | Listed | $108,888 | |
| Listed | |||
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Welcome to this beautifully updated 2-bedroom, 1-bath cottage-style home nestled on a peaceful street in Jacksonville. This freshly painted residence boasts a cozy front porch, stylish gray exterior, and modern white trim, all set on a large shaded lot with mature trees and ample green space.
Step inside to find a bright and welcoming interior, ideal for first-time homebuyers, investors, or anyone looking to downsize without sacrificing charm. The home sits elevated with a new front entry staircase and walkway, offering great curb appeal and easy access.
The property features:
• Fresh exterior paint and updated landscaping
• New front porch railings and steps
• Spacious yard with room for expansion, gardening, or outdoor living
• Quiet and private surroundings just minutes from local amenities
Conveniently located with easy access to I-295, downtown Jacksonville, and nearby schools and parks, this home offers the perfect balance of comfort, location, and affordability.
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| Mar 13, 2025 | Price Decreased |
$120,888
↓ $4K
(3.3%) | |
| Price Decreased | |||
| Jan 23, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 22, 2025 | Listed | $125,000 | |
| Listed | |||
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This lovely 500 sqft. Great starter home!!!
Property is high and dry. Home. Two bedrooms, one bathroom. Roof 2023, electrical panel 2022. remodeled kitchen and bathroom 2024 , Laminated floor 2023, Water softener/water filter 2023, Water pomp, septic tank recently clean 2023, Electronic water heater 2023. Property has a SECTION 8- APPROVED. Don't miss the opportunity to see this beautiful cozy house!! Ready to move in!!
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Property Highlights
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About Northwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017