2140 COMMONWEALTH 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 |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Feb 6, 2024 | Listed by RED OAK INVESTMENT REALTY, LLC. | $39,900 | |
| Listed by RED OAK INVESTMENT REALTY, LLC. | |||
| Aug 25, 2023 | Listed by NON MLS (realMLS) | $59,900 | |
| Listed by NON MLS (realMLS) | |||
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|
Investment opportunity that is being sold As Is. 2 bedroom/1 bath with new roof in April 2022 . Property has liens that can be abated with renovations and an agreement with the city of Jacksonville. Come see the potential of renovating this property into a nice home on a corner lot that is conveniently located. NO site-unseen offers. Cash or hard money only. Hard money financing available up to 90% of the purchase price. Principle in selling LLC has an active real estate license. Buyer will be responsible for all of seller's standard closing costs.
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| Jan 20, 2023 | Listed by RED OAK INVESTMENT REALTY, LLC. | $59,900 | |
| Listed by RED OAK INVESTMENT REALTY, LLC. | |||
| | |||
|
Investment opportunity that is being sold As Is. 2 bedroom/1 bath with new roof in April 2022 . Come see the potential of renovating this property into a nice home on a corner lot that is conveniently located. NO site-unseen offers. Cash or hard money only. Hard money financing available up to 90% of the purchase price. Principle in selling LLC has an active real estate license. Buyer will be responsible for all of seller's standard closing costs.
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| Sep 20, 2022 | Listed by NON MLS (realMLS) | $66,900 | |
| Listed by NON MLS (realMLS) | |||
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Great Investment opportunity. 2 bedrooms 1 bathroom. New Roof. This property has great potential to be renovated into a beautiful home with a great corner lot and conveniently located. Property is sold AS-IS. Cash or hard money only.
Hard money financing available up to 90% of purchase price and up to 70% of renovation costs.
Principle in selling LLC has an active real estate license.
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Property Highlights
Building Info
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Status
Price/ft²
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About Northwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017