$575,000
●
House -
Off Market
2905 RIVERSIDE Avenue
Jacksonville, FL 32205
4 Beds
2 Baths,
1
Half Bath
3,004 Ft²
$597,768
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Tired of looking at homes priced at the top of the market that
leave no room for upside? This beautiful home is priced for you to
come in, do the updates you want and still have equity! Perfect for
a family looking to create their dream home OR for a local investor
to renovate and flip. Lots of repairs/updates have already
been done, including work on the clay tile roof and siding, new
soffits, beautifully refinished living room floor and fresh paint
in the downstairs rooms. Also has income-producing potential with a
garage apartment that has been rented out in the past. So much to
love about this house!
Unit Size
3,004 Ft²
Days on Market
53 days
Land Size
-
Price per sqft
$200
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1913
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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 #1246575)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2023 | Sold | ||
| Sold | |||
| Sep 7, 2023 | Listed by COWFORD REALTY & DESIGN LLC | $600,000 | |
| Listed by COWFORD REALTY & DESIGN LLC | |||
| Aug 7, 2022 | Listed by COWFORD REALTY & DESIGN LLC | $650,000 | |
| Listed by COWFORD REALTY & DESIGN LLC | |||
| | |||
|
Tired of looking at homes priced at the top of the market that leave no room for upside? This beautiful home is priced for you to come in, do the updates you want and still have equity! Perfect for a family looking to create their dream home OR for a local investor to renovate and flip. Lots of repairs/updates have already been done, including work on the clay tile roof and siding, new soffits, beautifully refinished living room floor and fresh paint in the downstairs rooms. Also has income-producing potential with a garage apartment that has been rented out in the past. So much to love about this house! Not included in the square footage is an additional area above the garage that was converted into a quaint studio. The new owner could rent that out or use it for extra storage or visiting guests. Perfect area, close to all that Avondale and Riverside have to offer.
| |||
| Aug 11, 1997 | Sold | ||
| Sold | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northwest Jacksonville
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Listed by: HEATHER BUCKMAN, COWFORD REALTY & DESIGN LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1246575
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.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1246575
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