2715 COMMONWEALTH Avenue
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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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jun 28, 2024 | In contract | - | |
| In contract | |||
| Jun 21, 2024 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $160,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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MULTIPLE OFFERS ON PROPERTY. PLEASE HAVE ALL OFFERS IN BY 6/27/24, CHECK DOC TAB FOR MORE INFO. Perfect starter home or addition to your rental portfolio! This concrete block home is move in ready and waiting for you! Property is completly fenced with little lawn maintenance so bring your boat, RV and cars. There is plenty of parking for all. Property features new interior and exterior paint, new ceiling fans and new laminate flooring in sunroom. Property was repiped, reroofed, new AC, panel replacement, addition of a bedroom and bathroom within existing footprint and windows and doors replaced in 2018 per city building department. Property was previously used as a rental. Conveniently located just minutes away from I-295 and downtown Jacksonville. Seller will install a black refrigerator and stove with acceptable offer.
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| Apr 25, 2018 | Sold | ||
| Sold | |||
| Nov 30, 2017 | Sold | ||
| Sold | |||
Property Highlights
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About Northwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017