$235,000
●
House -
Off Market
1931 SILVER Street
Jacksonville, FL 32206
4 Beds
3 Baths,
1
Half Bath
2,370 Ft²
$240,861
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Stop Scrolling and check this out! 3/2 main home & 1/1 guest
cottage operating as an airbnb. Be a part of the restoration
of Jacksonville's first subdivision; Historic & Beloved
Springfield! This home is an open book. The main house has had the
initial demolition completed, leaving only minor demo and clear out
required. All bathrooms have been repiped. The entire house has
been rewired, replacing all knob and tube wiring. New ducting has
been installed. Come on in and finish this gem up to your own
specifications. Guest cottage; the entire unit has been completely
renovated with new plumbing, insulation, and has been rewired.
Continue to run as an airbnb and use the cash flow for renovations
or use as a full suite or Teen Residence. Short Walk to shops and
dining. Do not miss this chance chance
Unit Size
2,370 Ft²
Days on Market
26 days
Land Size
-
Price per sqft
$101
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1926
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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 #1161628)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2024 | Sold | ||
| Sold | |||
| Nov 30, 2023 | Listed by WATSON REALTY CORP | $384,000 | |
| Listed by WATSON REALTY CORP | |||
| Feb 17, 2023 | Listed by FLORIDA HOMES REALTY & MTG LLC | $399,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
| | |||
|
Looking to be surrounded by historical homes in the desired Springfield area? This is the one! The renovated main house features 3 bed/2 full baths AND is accompanied by a 1bed/1bath cottage behind the home..great for in-law suite, AirBnB or office. Both dwellings have their own address w/utilities metered separately. Updates: recent rewire, new plumbing, tankless hot water heater, insulation, refinished hardwood floors and brand new kitchen fully equipped with appliances. With the open layout entertain guests near the cozy fireplace, at the kitchen island area, or on the enclosed patio. Be wowed not only with its curb appeal, but stunning carpentry: trim accents, tall baseboards, and commanding staircase. Schedule your showing before it's gone. Seller will consider all offers.
| |||
| May 19, 2022 | Sold | ||
| Sold | |||
| Apr 4, 2022 | Listed by WATSON REALTY CORP | $239,000 | |
| Listed by WATSON REALTY CORP | |||
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Property Highlights
Parking Available
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
ft²
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About Springfield
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Listed by: CANDICE WILLIAMS, WATSON REALTY CORP
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1161628
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# 1161628
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