1517 PERSHING Road
About This Property
Nestled in the heart of Avondale - one of Jacksonville's most historic neighborhoods - this beautifully maintained home blends timeless character with modern updates and exudes rustic charm while offering the comforts of contemporary living.
The home boasts fresh paint and new flooring throughout, creating a fresh, cohesive feel, while a new roof and newer water heater ensure peace of mind for years to come.
Outside, enjoy the convenience of an ADA ramp leading into the home, a covered carport and a detached garage; ideal for storage, a workshop, or future conversion. The backyard offers ample space for pets, outdoor gatherings or simple quiet relaxation.
This home is located just moments from both Avondale and Murray Hill's vibrant shops, dining, and parks, and is just minutes from Jacksonville's downtown area. FSCJ Kent Campus is within walking distance.
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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.
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About Southwest Jacksonville
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$1,650 /mo
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$1,695 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017