1611 MINERVA Avenue
About This Property
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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 |
|---|---|---|---|
| Mar 23, 2022 | Sold | ||
| Sold | |||
| Dec 29, 2021 | Listed by ANDERSON REALTY | $275,000 | |
| Listed by ANDERSON REALTY | |||
| | |||
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Versatility means VALUE - this CRO zoned property with 88' of frontage on San Marco streets is ready for your wildest dreams! You can move in and renovate, you can knock the home down and build an office, you could build a duplex... the CRO designation gives so many options to a discerning buyer looking for that ''location location location'' way of life. You could also purchase the property, and rent it out within 30 days. Now is the time - and this is the property - you have been looking for. Buyer to verify all information that is important to them through the county. Sold AS-IS, ready for your next venture as soon as you can close! Walking distance to shops, San Marco square, and the heart of the Jacksonville metro area.
| |||
| Oct 13, 2021 | Listed by FLORIDA HOMES REALTY & MTG LLC | $255,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
Property Highlights
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Price/ft²
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About Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017