2629 LORETTO Road
About This Property
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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 |
|---|---|---|---|
| Dec 21, 2023 | Sold | ||
| Sold | |||
| Sep 21, 2023 | Listed by EXP REALTY LLC | $950,000 | |
| Listed by EXP REALTY LLC | |||
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This property defines ''In the Heart of Mandarin''. Private drive with no community restrictions. Possible site for a Church, Charter School, family estate or even a Agricultural estate with Horses. Beautiful mature trees line the property. There is no water or sewer connected and there is an old well on the property but condition is unknown. The seller is splitting off one-acre from the total 7.5 so new surveys will be required. The entire 7.5 acres is an opportunity as well.
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| Sep 8, 2023 | Listed by eXp REALTY LLC | $299,000 | |
| Listed by eXp REALTY LLC | |||
| Oct 26, 2022 | Listed by eXp REALTY LLC | $1,456,000 | |
| Listed by eXp REALTY LLC | |||
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7.2 acres in Mandarin with no HOA or Community Restrictions/Requirements. Development may be an Option or Build your favorite House. Mostly High and Dry with a small pond. Access is a gravel drive directly off of Loretto Rd.
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| Oct 10, 2022 | Sold | ||
| Sold | |||
Property Highlights
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About Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017