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Jacksonville 32216 Love Grove-Riviera Manor
238 RIVER HILLS Drive
$1,000,000
● House - Off Market

238 RIVER HILLS Drive

Jacksonville, FL 32216
bedrooms
6 Beds
bathrooms
4 Baths
square feet
3,344 Ft²
$991,987
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

CALLING HIGHEST AND BEST OFFER, DUE MONDAY 03/13/2023 AT 5PM. Dream Home Alert! Welcome to 238 River Hills Dr, a stunning 6-bedroom and 4-bathroom waterfront home with 3,344 square feet of living space. This property is renovated from top to bottom and offers the best of both worlds: modern updates and luxurious waterfront living. Enjoy the brand-new dock/bulkhead, granite countertops, open concept kitchen with new cabinets and stainless-steel appliances. The beautiful hardwood flooring throughout adds to the charm of the home. Step outside and find a large yard with brand-new pavers, a fire pit, and 107 feet of waterfront. This home also has a new roof, completely re-piped, rewired systems, and new HVAC systems. This is an opportunity you don't want to miss!
Unit Size
3,344 Ft²
Days on Market
-
Land Size
-
Price per sqft
$292
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1939

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 2 years ago (Real MLS #1216249)

Price History

Date / Event Date Event Price
May 1, 2023 Sold
Premium
Sold
Mar 9, 2023 Listed by FLORIDA HOMES REALTY & MTG LLC $975,000
Listed by FLORIDA HOMES REALTY & MTG LLC
Jun 30, 2021 Sold
Premium
Sold
May 28, 2021 Listed by FLORIDA HOMES REALTY & MTG LLC $350,000
Listed by FLORIDA HOMES REALTY & MTG LLC

Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 3
  • Basement Area: 1,408
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 98
  • Pool Type: 0
  • Location Influence Type: 198

    Dimensions

  • Lot Size Square Feet: 25,896
  • Lot Size Depth Feet: 2,050
  • Lot Size Frontage Feet: 1,170
  • Total Building Area: 4,456
  • Gross Building Area: 4,456
  • Building Area: 3,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,344
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARLINGTON RIVER HILLS
  • Land Acres: 0000000595
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 15-097 52-2S-27E .59 ARLINGTON RIVER HILLS R/P LOT 9(EX O/R 120-523),LOT 10, LOT 11(EX O/R 976-214) BLK 1 O/R 19786-1688

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 015702

Zoning

  • Zoning: RLD-60

Geography

  • Assessors Map Reference: 7421
  • Parcel: 134106-0000
  • Block: 1
  • Lot: 9
  • Meridian: SEC 52 TWN 02S RNG 27E
  • Municipality: CITY OF JACKSONVILLE
  • Latitude: 30.3112
  • Longitude: -81.5977

    Address

  • Full Address: 238 River Hills Dr
  • Address - House Number: 238
  • Address - Street Name: River Hills
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Jacksonville
  • Carrier Code: C012
  • 4-Digit Zip Code: 8925
  • Zip Code: 32216

Valuation

    Tax

  • Total Area: 3,532
  • Tax Year: 2022
  • Tax Amount: $644,512
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: GS

    Appraisal Valuation

  • Standard Deviation: 0.2154
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 70
  • Final Value: 702,208
  • High Value: 853,501
  • Low Value: 550,915

    Market Valuation

  • Market Total Value: $366,014
  • Market Land Value: $206,739
  • Market Improvement Value: $159,275

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $366,014
  • Assessed Land Value: $206,739
  • Assessed Improvements Value: $159,275

    Sales

  • Current Sale Contract Date: Apr 28, 2023
  • Current Sale Recording Date: May 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 86377
  • Previous Sale Recording Date: Jun 30, 2021
  • Previous Sale Contract Date: Jun 18, 2021
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Greater Arlington

Stats & Trends

Median Asking:

$330,000

Sale Price/ft²

$206

Below Asking

0.02%

Average Days on Market

62

Average Home Size

1771 ft²

Average Home Age

43.1 years

Currently For Sale

561 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Real MLS

Listed by: LORRAINE PREVALON, FLORIDA HOMES REALTY & MTG LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1216249
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.

Frequently Asked Questions

When was property at 238 River Hills Drive built and last sold?
The property at 238 River Hills Drive was built in 1939 and last sold on Apr 28, 2023 for $1,000,000.
How much is this home worth?
The estimated value of the home located at 238 River Hills Drive is $964,322.
What are some comparable homes to 238 River Hills Drive?
There are currently no comparable homes to 238 River Hills Drive.
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