1887 FARM Road
About This Property
bring in your brand new mobile home on this 1.03 acre lot. Conveniently located, this diamond in the rough is within close proximity to Downtown Jacksonville, Shopping, Schools and the Airport. Each home consists of 3 bedrooms and 2 bathrooms. Another Large Building (30x60) is being used as Garage but could be Workshop/Storage. Many Possibilities. Seller is unable to perform repairs; therefore, it is being sold in ''As-Is'' condition.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 29, 2021 | Sold | ||
| Sold | |||
| Aug 1, 2021 | Listed by WATSON REALTY CORP | $144,000 | |
| Listed by WATSON REALTY CORP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017