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2944 OLGA Place
About This Property
Step inside from the welcoming front porch and you're immediately struck by the perfect balance of character and comfort. Natural light pours in through generous windows, while original glass doorknobs catch the sunlight, a subtle reminder of the craftsmanship that defines historic homes. Thoughtful built-ins, including a china cabinet, bookcase, and dressers, add both charm and function, offering the perfect place to display and store your favorite pieces.
Both full bathrooms have been beautifully updated, blending modern comfort with the home's original character.
The kitchen has been thoughtfully renovated with an open layout that keeps the cook connected, anchored by a gas stove and designed for both everyday living and entertaining.
Outside, the charm continues. The backyard feels like a private garden oasis, with a graveled lounge area perfect for relaxed conversation and antique Indian garden gates that add a sense of intrigue. The deck creates a seamless indoor-outdoor flow, ideal for al fresco dining with a glass of wine. A fully insulated barn offers additional storage options or could be converted into a workshop or creative space.
From here, life in Avondale unfolds effortlessly. You're just moments from the river, nearby parks, and the local shops, cafes, and restaurants that give this neighborhood its vibrant soul.
Homes like this aren't just found, they're felt. They wait for the right steward to carry their story forward.
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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 12, 2026 | In contract | - | |
| In contract | |||
| Aug 5, 2026 | Price Decreased |
$450,000
↓ $19K
(4.1%) | |
| Price Decreased | |||
| Jul 7, 2026 | Price Decreased |
$469,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| May 22, 2026 | Price Decreased |
$479,000
↓ $10K
(2%) | |
| Price Decreased | |||
| May 6, 2026 | Listed by COMPASS FLORIDA LLC | $489,000 | |
| Listed by COMPASS FLORIDA LLC | |||
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