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1506 DOUBLETREE Road
About This Property
Conveniently located on Jacksonville's west side, the property provides access to major roads, shopping, dining, schools, and employment centers. Whether you're looking to renovate and hold, add to your rental portfolio, or create a home with your own finishes, this is an opportunity worth exploring. Property is being offered with the understanding that it will require TLC and updating. Buyers should conduct their own inspections and due diligence to determine the scope of work and suitability for their intended use.
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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 9, 2026 | Listed by HOME REALTY ASSOCIATES INC | $305,000 | |
| Listed by HOME REALTY ASSOCIATES INC | |||
| Jan 9, 2014 | Listed by WATSON REALTY CORP | $139,900 | |
| Listed by WATSON REALTY CORP | |||
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A wonderful, exclusive place to enjoy the beauty of wildlife, bike trails, walking trails, gardening and anything else that suits you. Has a stocked pond. Out of this world, especially in spring and summer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017