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8551 MATHONIA Avenue
About This Property
Fresh interior paint, updated windows throughout, and spacious living areas create a warm and inviting feel. The layout works well for everyday living, with functional gathering spaces and a covered screened patio overlooking the fully fenced backyard--ideal for pets, outdoor entertaining, or relaxing evenings at home.
Additional improvements include an updated electrical panel for added peace of mind, plus an attached laundry/storage area and separate storage shed for extra flexibility. Conveniently located just minutes from downtown Jacksonville, the sports complex, shopping, dining, and an easy drive to the beaches, this home offers both accessibility and practicality at an approachable price point.
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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 |
|---|---|---|---|
| Aug 24, 2026 | Sold | ||
| Sold | |||
| Jul 29, 2026 | In contract | - | |
| In contract | |||
| Jun 3, 2026 | Price Decreased |
$269,999
↓ $5K
(1.8%) | |
| Price Decreased | |||
| May 21, 2026 | Listed by DRIFTWOOD REALTY GROUP | $274,900 | |
| Listed by DRIFTWOOD REALTY GROUP | |||
| Sep 15, 2025 | Price Decreased |
$275,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017