12548 MANDARIN Road
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 |
|---|---|---|---|
| Jul 9, 2021 | Sold | ||
| Sold | |||
| May 10, 2021 | Listed by SAM FOLDS, INC., REALTORS | $999,999 | |
| Listed by SAM FOLDS, INC., REALTORS | |||
| Aug 7, 2020 | Listed by WATSON REALTY CORP | $1,095,000 | |
| Listed by WATSON REALTY CORP | |||
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Large 2-acre parcel on Riverfront Bluff in the heart of Mandarin with 225 feet of frontage facing NNW almost 2 miles South of the Buckman bridge. Property has an existing home on the site, which could be modified, or replaced. The views here are incredible, and while the dock has been damaged, the piers remain in place to allow rebuilding. Sight lines on the property include the downtown Jacksonville skyline, as well as the NAS flight pattern from a distance. Lot is private, and shielded from the road from a property fronting the main road.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017