2159 MELSON Avenue
About This Property
Amazing quaity New Construction. Open floor plan, fabulous kitchen, owners en suite and relaxing under-roof lanai that can be easily screened. Gorgeous Granite counters in kitchen & baths. Custom tile shower surrounds in both baths will be the envy of your friends and family. Entertain guests in living room to the open dining room. Breakfast bar for stools. One car garage. Comfortable back yard. Large city park across the street. Jax Top JWJ Middle and Paxon High gifted magnets are mere steps down the street
House will be ready for late April/ Early May move-in.
All showings by appt only. Owner is licensed real estate Broker in the State of Florida acting as principal.
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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 |
|---|---|---|---|
| Sep 26, 2022 | Sold | ||
| Sold | |||
| Jun 17, 2022 | Listed by DISTINCTIVE PROPERTIES OF JACKSONVILLE INC | $230,000 | |
| Listed by DISTINCTIVE PROPERTIES OF JACKSONVILLE INC | |||
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Back Up Offers Accepted. Brand New Home is an absolute gem. It is Ready for immediate occupancy.Open floor plan w/ open kitchen, dining and living room. Beautiful granite counters in kitchen & baths, white shaker cabinets w/ soft close hinges. All kitchen appliances included, stainless steel. Custom master bath features walkin shower w/ floor to ceiling tile & double vanity sinks. Mommy ensuite is complete w/ walkin closet. Very energy efficient: windows, hvac system, appliances and insulation. 1-car garage, mud-room style laundry. Great backyard lanai under roof, front porch. 25yr arch shilngles on roof. Privacy-fenced yard to keep pets and kids safe. 10 yr structural warranty. Listing Broker is Seller/property owner in this transaction. Call Before Showing
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| Mar 24, 2022 | Listed by DISTINCTIVE PROPERTIES OF JACKSONVILLE INC | $215,000 | |
| Listed by DISTINCTIVE PROPERTIES OF JACKSONVILLE INC | |||
| Dec 16, 2020 | Listed by DISTINCTIVE PROPERTIES OF JACKSONVILLE INC | $170,000 | |
| Listed by DISTINCTIVE PROPERTIES OF JACKSONVILLE INC | |||
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Pre-sale. New Construction in 2021. Two plans to choose from for the Early Bird who catches the worm. One story or Two story, Garage. Deluxe kitchen with tall cabinets, recessed lighting, granite counter tops and stainless steel appliances. Energy features include hot water heater. Exterior includes privacy fence and back patio. Hurry. Pick your colors pallette by contracting early.
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| Dec 18, 2019 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Northwest Jacksonville
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1159723
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