8322 MC GLOTHLIN Street
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 |
|---|---|---|---|
| Jan 12, 2026 | Sold | ||
| Sold | |||
| Dec 9, 2025 | In contract | - | |
| In contract | |||
| Oct 13, 2025 | Listed | $89,400 | |
| Listed | |||
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Excellent Investment Opportunity!
Don't miss this rare chance to own land in a rapidly developing area! This property features two platted lots and includes a 915 sq. ft. home with 2 bedrooms and 1 bath that is in need of a full rehab — or you can choose to build your own new home instead.
According to the original plat (circa 1909), if the lots are split, each lot of record would be exempt from the standard requirements for lot area, lot width, and road frontage for a single-family dwelling. In addition, the lots would be exempt from Comprehensive Plan requirements for minimum lot area on well and septic — typically ½ acre for LDR land use if created after September 1990.
This is a unique opportunity to invest, rebuild, or develop in an area that's transforming and full of potential.
Call for more information.
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Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017