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Jacksonville 32225 East Arlington
1606 RUSTY RAIL Road
$270,000
● House - Off Market

1606 RUSTY RAIL Road

Jacksonville, FL 32225
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,922 Ft²
$395,889
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Charming updated home in Mt Pleasant Creek!  This home features 4 bedrooms 2 bath, open & bright living room, eat-in kitchen, separate dining. Large fenced in backyard. Kitchen & bathrooms have all been updated. Fresh paint inside & out. This home is move in ready!
Unit Size
1,922 Ft²
Days on Market
-
Land Size
-
Price per sqft
$140
Property Type
House
Property Taxes
-
HOA Dues
$5
Year Built
1991

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Cap Rate Calculator

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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: 3 years ago (Real MLS #1007768)

Price History

Date / Event Date Event Price
Sep 10, 2019 Sold
Premium
Sold
Jul 26, 2019 Listed by RE/MAX WATERMARKE $270,000
Listed by RE/MAX WATERMARKE

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 423
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 137

    Dimensions

  • Lot Size Square Feet: 8,800
  • Total Building Area: 2,360
  • Gross Building Area: 2,360
  • Building Area: 1,922
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,922
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MT PLEASANT CREEK UNIT 02
  • Land Acres: 0000000202
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 45-62 10-2S-28E MT PLEASANT CREEK UNIT 2 LOT 8

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 014335

Zoning

  • Zoning: RLD-60

Geography

  • Assessors Map Reference: 8410
  • Parcel: 162112-1245
  • Lot: 8
  • Meridian: SEC 10 TWN 02S RNG 28E
  • Municipality: CITY OF JACKSONVILLE
  • Latitude: 30.3497
  • Longitude: -81.4851

    Address

  • Full Address: 1606 Rusty Rail Rd
  • Legal Unit: 2
  • Address - House Number: 1606
  • Address - Street Name: Rusty Rail
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Jacksonville
  • Carrier Code: C076
  • 4-Digit Zip Code: 5521
  • Zip Code: 32225

Valuation

    Tax

  • Total Area: 2,138
  • Tax Year: 2022
  • Tax Amount: $440,349
  • Tax Rate Code Area: GS

    Appraisal Valuation

  • Standard Deviation: 0.25
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 64
  • Final Value: 430,739
  • High Value: 538,445
  • Low Value: 323,033

    Market Valuation

  • Market Total Value: $289,138
  • Market Land Value: $70,000
  • Market Improvement Value: $219,138

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $289,138
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $219,138

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 29, 2019
  • Current Sale Recording Date: Sep 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019208486
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Greater Arlington

Stats & Trends

Median Asking:

$330,000

Sale Price/ft²

$207

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1826 ft²

Average Home Age

40.6 years

Currently For Sale

798 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 12323 Silent Brook Trail N, Jacksonville, FL, 32225

$2,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,304 ft²
12323 Silent Brook Trail N, Jacksonville, FL, 32225 Listing by TERESA DIANE COELHO

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: TAMI GLOVER, RE/MAX WATERMARKE
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1007768
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.

Frequently Asked Questions

When was property at 1606 Rusty Rail Road built and last sold?
The property at 1606 Rusty Rail Road was built in 1991 and last sold on Aug 29, 2019 for $270,000.
How much is this home worth?
The estimated value of the home located at 1606 Rusty Rail Road is $279,395.
What are some comparable homes to 1606 Rusty Rail Road?
There are currently no comparable homes to 1606 Rusty Rail Road.
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