1657 BELMONTE Avenue
About This Property
The proposed changes are to change the property from a 3/1 with an outside laundry to a 2/2 with an inside laundry, new open floor plan kitchen, two new bathrooms, new and refinished floors, new interior and exterior paint and improvements to storage shed and landscape. Buyer will make selections and personalize with a TCI designer. Seller's preferred lender has several "All In One" purchase and renovate loans available with as little as 0 Down for Veterans. Do not miss out on getting a modernized home within walking distance to San Marco Square.
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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 14, 2017 | Sold | ||
| Sold | |||
| Jan 20, 2017 | Listed by CAPSTONE RESIDENTIAL INC | $265,000 | |
| Listed by CAPSTONE RESIDENTIAL INC | |||
| Jul 2, 2015 | Listed by ERA DAVIS & LINN | $226,000 | |
| Listed by ERA DAVIS & LINN | |||
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Beautiful bungalow in the heart of San Marco. All brick home with large backyard, large master closet, and spacious living & dining room. Walk to the San Marco Square for shopping, dining or just entertainment. ''A'' rated Hendricks Elementary School. Make this precious home your home. Call for your showing today.
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| Nov 9, 2004 | Sold | ||
| Sold | |||
| Sep 12, 2004 | Listed by GC AND ASSOCIATES REALTY,INC. | $248,000 | |
| Listed by GC AND ASSOCIATES REALTY,INC. | |||
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Walk to the square from this adorable brick bungalow. Hardwood floors, new roof, and curb appeal make this one a fast sale! Buyer can use home as an investment or as thier own home. Garage 'AS IS'
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Property Highlights
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About Southeast Jacksonville
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 863425
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