$319,000
●
House -
Off Market
1530 WALNUT Street
Jacksonville, FL 32206
4 Beds
5 Baths,
2
Half Baths
2,944 Ft²
$1,567
Est. Monthly
About This Property
Come see this unique offering in the Springfield Historic District.
This house is unusual for the area in that it is partially
constructed of brick, which is much less maintenance intensive than
wooden siding generally. The house is newly renovated and features
an open floor plan downstairs. There is space for a side driveway
for off-street parking as well - a relative rarity in Springfield.
The best part? This house features a detached two story, 800 square
foot apartment in the rear which can be used to provide additional
income as a short term or long term rental. Conservative estimate
of $700/mo rent income. It could be a home office or a studio The
main house features 3 bedrooms, two and a half baths, and the
apartment features 1 bedroom and 1 and a half baths with laundry
hookups.
Unit Size
2,944 Ft²
Days on Market
-
Land Size
-
Price per sqft
$108
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1926
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (Real MLS #930909)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2022 | Sold | ||
| Sold | |||
| Jan 21, 2022 | Listed by BELLE EPOQUE REALTY SERVICES LLC | $475,000 | |
| Listed by BELLE EPOQUE REALTY SERVICES LLC | |||
| Jun 14, 2019 | Sold | ||
| Sold | |||
| Feb 6, 2019 | Listed by LMH REALTY LLC | $329,900 | |
| Listed by LMH REALTY LLC | |||
| | |||
|
$21,000 BELOW APPRAISAL!! A truly unique INCOME PRODUCING opportunity in the vibrant, hip, & historic Springfield. Appraised at $350,000. This home has been newly renovated from top to bottom. It's a real find if you are looking for charm, updates, & rental income. Charm of the early 1900's mixed with the conveniences of today, plus income potential equals a WIN WIN. Main house w/ 3 bedrooms, 2 baths, a 1/2 bath, 2 working fireplaces, & plenty of living space is perfect for gatherings of any kind. The apartment features 1 bedrooms, a living room, 1 full bath, laundry room & a 1/2 bath. This detached two story, 800 sqft apartment in back can provide additional income as AirB&B, long term rental or possible home office, art studio, in-law suite - the sky is the limit.
| |||
| Jan 3, 2019 | Listed by BELLE EPOQUE REALTY SERVICES LLC | $329,900 | |
| Listed by BELLE EPOQUE REALTY SERVICES LLC | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Springfield
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Listed by: THOMAS LOVE, BELLE EPOQUE REALTY SERVICES LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 930909
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 930909
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