8337 COLEE COVE Road
About This Property
Incredible views and unforgettable sunsets await along the historic St. Johns River. Tucked within a private, established riverfront neighborhood, this nearly one-acre home-site offers deep-water access and is shaded by mature, majestic oak trees. The existing 3-bedroom, 2-bath home provides a starting point with endless potential--renovate and customize the current structure or clear the way for a one-of-a-kind custom build. However you envision it, this is an exceptional opportunity to create your dream riverfront retreat in an ideal setting.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 26, 2026 | Sold | ||
| Sold | |||
| Jul 13, 2026 | In contract | - | |
| In contract | |||
| Jun 30, 2026 | Price Decreased |
$615,000
↓ $15K
(2.4%) | |
| Price Decreased | |||
| Mar 30, 2026 | Listed by FIRST COAST REALTY OF JACKSONVILLE INC | $630,000 | |
| Listed by FIRST COAST REALTY OF JACKSONVILLE INC | |||
| Jun 28, 2025 | Price Decreased |
$675,000
↓ $25K
(3.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017