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1290 OVINGTON Road
About This Property
Rare opportunity to own a beautiful waterfront property on a full acre in one of Jacksonville's most desirable locations. Enjoy breathtaking water views, mature landscaping, and plenty of room to spread out while enjoying the privacy that only a property like this can offer. No HOA and plenty of storage for your boat, RV, or other toys.
The home features spacious living areas, a private pool and incredible outdoor entertaining space perfect for gatherings, boating, fishing, or simply relaxing by the water.
Roof is two years new! While several interior rooms would benefit from cosmetic updating, the home offers excellent bones and provides the perfect opportunity to renovate to your personal style without sacrificing the unbeatable location and lot. Whether you're looking for your forever home, a waterfront retreat, or an investment with tremendous upside, this property offers exceptional value.
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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 |
|---|---|---|---|
| Sep 23, 2026 | Relisted | $595,000 | |
| Relisted | |||
| Sep 1, 2026 | In contract | - | |
| In contract | |||
| Aug 17, 2026 | Listed by SAVVY AVENUE, LLC. | $620,000 | |
| Listed by SAVVY AVENUE, LLC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017