$234,000
●
House -
Off Market
1638 Otis Road
Jacksonville, FL 32220
4 Beds
3 Baths
2,823 Ft²
$1,149
Est. Monthly
About This Property
Another great home, with fresh air and no HOA fees and
restrictions. This all brick home sits on 1-1/2 acres, has a
great open and split plan. A large open kitchen with great counter
space,dark cabinets, newer stainless refrigerator,recessed
lighting, all overlooking the inground pool/hot tub and backyard.
(great for cookouts and 4 wheelers). Large Dining room with doors
to close off from bedrooms if needed. Family room with brick
fireplace. The large master has his/her closets & separate office
or babyroom or workout room. Additional Sunroom leads to
pool. Submersible pump &water softener.Termite
Bond. Private! Home sits off the road with nice concrete driveway
and large 2 car carport. Great family oriented home.
Motivated Seller.
Unit Size
2,823 Ft²
Days on Market
-
Land Size
-
Price per sqft
$83
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999
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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 #662658)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 11, 2020 | Sold | ||
| Sold | |||
| Sep 14, 2020 | Listed by FLORIDA HOMES REALTY & MTG LLC | $334,982 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
| | |||
|
Welcome!! Your new home awaits you! This all brick home that sits on 1.5 acres Is exactly what you need. Private road with plenty of Space.This home has an Open floor, split floor plan with 5 bedrooms and 3 bathrooms open kitchen concept with stainless steel appliances and plenty of cabinet space.Beautiful living area with a wood burning fireplace for winter nights.It has an expansive front and backyard. In addition this home does have a tankless hot water heater.A Beautiful pool area and Lanai for entertaining that you will really love. No HOA no CDD fees and plenty of privacy. I am excited for you to see this home.
| |||
| Aug 21, 2020 | No longer available | - | |
| No longer available | |||
| Jul 28, 2020 | Listed by WATSON REALTY CORP | $370,000 | |
| Listed by WATSON REALTY CORP | |||
| Aug 18, 2014 | Sold | ||
| Sold | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Northwest Jacksonville
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Listed by: WANDA TAYLOR, WATSON REALTY CORP
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 662658
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# 662658
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