8606 HIPPS Road
About This Property
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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%.
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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.
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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 8, 2024 | Sold | ||
| Sold | |||
| Jul 8, 2024 | In contract | - | |
| In contract | |||
| Feb 16, 2024 | Listed by COWFORD REALTY & DESIGN LLC | $375,000 | |
| Listed by COWFORD REALTY & DESIGN LLC | |||
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TAKING BACKUP OFFERS! Welcome to this peaceful countryside estate, less than 10 minutes from the amenities of Oakleaf Town Center and ready for you to add your personal touch. This 4 Bedroom, 2 bath home is nestled on over 2 acres of picturesque land that offers the perfect blend of tranquility and convenience.
MOTIVATED SELLER! Bring your offer! Don't miss your chance to own this remarkable property with majestic oaks and dear roaming the land, free from HOA or CDD fees.
This home opens into the living room with a brick fireplace and features a split bedroom plan, providing privacy for the spacious main bedroom, which offers a large closet and its own access door to the backyard. Three additional bedrooms with a shared bath are located on the opposite side of the home. The kitchen features white quartz countertops and a glass tile backsplash. Enjoy casual meals at the breakfast bar or host formal dinners in the adjacent dining room. The rooms around the kitchen offer a great flex space for dining or living.
The roof was replaced in 2018. All new luxury vinyl plank flooring was installed in all four bedrooms and the flex space and dining area. The detached garage provides ample space for parking and storage, complete with water and electric connections. The property is fully fenced and the ample land allows plenty of room for your recreational vehicles and outdoor gear. Zoned Rural Residential, 2 units per acre - confirm additional unit plans with City Planing Department.
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| May 12, 2022 | Listed by DOGWOOD REALTY LLC | $400,000 | |
| Listed by DOGWOOD REALTY LLC | |||
| Jun 2, 2021 | Sold | ||
| Sold | |||
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About Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017