1283 WOLFE Street
About This Property
FULLY RENOVATED AVONDALE PROPERTY THIS HOME HAS IT ALL! BEST DEAL AROUND! PRICED BELOW APPRAISED VALUE! IMMEDIATE EQUITY! BRING ALL REASONABLE OFFERS BEFORE ITS TOO LATE! The Main Home has TWO MASTER SUITES! Personal Office, Wet Bar, TWO Living rooms, TWO additional bedrooms, 3 bathrooms, quiet sitting room, AND LOTS of closet space! But wait...there's MORE!
A Rental Opportunity is on site OR use as a Mother-In-Law Studio Suite. The ENTIRE upstairs is a full studio apartment! Downstairs features the common area or living space! And onsite landlord DREAM COME TRUE!
LARGE covered back patio with Brick Fire Pit! Lots of room to create your own backyard oasis! Live in the HEART of Avondale! Riverside and Avondale area is voted as one of the country's top 10 Great Neighborhoods. This property as been tastefully updated yet maintains its historic charm. But I won't spoil it because you have to SEE it to fall in love with it! Seller open to 1031 and possible non-traditional financing! Bring ALL Offers! Check out docs tab for historic details! You won't believe how much you love it once you walk inside! Interested in making a few changes or adding a few things you need? Ask our preferred lender about their in-house upgrades loan, ONLY available through this lender! Tie in those changes and keep your liquid at a SAME great rate with no additional funds down like normal renovation loans!
**Preferred Lender: Chad Ethier with Bank of England.**
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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 |
|---|---|---|---|
| Mar 28, 2024 | Sold | ||
| Sold | |||
| Nov 2, 2023 | Listed by SANDBAR REALTY LLC | $685,000 | |
| Listed by SANDBAR REALTY LLC | |||
| Apr 13, 2023 | Listed by SANDBAR REALTY LLC | $725,000 | |
| Listed by SANDBAR REALTY LLC | |||
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PRICED BELOW APPRAISED VALUE! Buy with IMMEDIATE EQUITY!
Live in the HEART of Avondale and only 10 minutes from the Jaguar Stadium!
Riverside Avondale is voted as one of the country's top 10 Great Neighborhoods, featuring a unique mix of history, culture, charm, and modern design. This recently remodeled historic home maintains its charm and class. Offering a total of 5 bedrooms + studio and 4.5 baths between the main house and the efficiency apartment! Enjoy living life in this beautiful historic district where the community and the people seem to always offer that intimate local feel. Maintaining its strong historic bones, yet adding some tasteful modern touches, really sets this home apart. Not to mention, it is one of the younger homes on the street! Built in 1950, yet ready to provide memories for the young at heart. Starting in the main home, which features 2,460 square feet of living space, the preservation of the exterior brick accented by its wood beams and shutters really make the house give a clean and modern pop without voiding the history that lies within the bricks. An inviting brand new driveway and walking path leading to your front door and freshly installed landscaping is so pleasing to the eye. As you walk in, you will notice an immediate living/family room moderately open providing you the best of both worlds. The large remodeled kitchen offers privacy but efficiency for entertaining. The living room leads into another large open family room perfect for larger parties. The entire downstairs, of the main home really gives ample space for entertaining friends, family and whatever events you enjoy hosting. Just outside the sliding glass doors near the kitchen you will be presented with a beautiful paver lanai patio and a brick fireplace for those late night parties, or just to get warm during those winter nights. Once the party is over, head upstairs where you will find 2 master suites, the additional bedrooms and bathrooms. There is plenty of space to consider this a multigenerational home! The owner did such an amazing job on the details of this renovation. The flooring, the bathrooms, all the finishes and more! But you have to come check it out yourself! Heading to the efficiency apartment at the back of the home, this 850 additional square feet could be used as a guest house OR utilize it to produce income! Avondale is one of the hottest spots for AirBnB's! The upstairs of the apartment boasts an open 462 square feet of living studio, includes a fully remodeled kitchen and bathroom and storage space. Below the upstairs there is an additional 388 square feet of open flex space, designated laundry area for your guests staying upstairs, and a half bathroom for convenience while doing laundry or utilize for those outdoor guests to prevent tracking dirt into the main home. The seller went above and beyond to offer a quality home to the people in the community! Through the purchase of multiple home inspections prior to buying, and after completing the renovations, This home has so much to offer and it is located in one of the TOP 10 places to live in the COUNTRY! You have to hurry to see this place or you will miss out!
TWO HOMES FOR THE PRICE OF ONE! Potential INCOME TO EARN!
Seller Financing | Lease Options Available! Includes Home Warranty!
**Incentives offered with preferred lender Chad Ethier with Bank of England.**
*Offering a home warranty with Old Republic up to $800
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| Sep 16, 2022 | Sold | ||
| Sold | |||
| May 30, 2022 | Listed by SANDBAR REALTY LLC | $400,000 | |
| Listed by SANDBAR REALTY LLC | |||
Property Highlights
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About Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017