3007 CORTEZ Road
About This Property
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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 |
|---|---|---|---|
| Feb 4, 2025 | Price Increased |
$700,000
↑ $100K
(16.7%) | |
| Price Increased | |||
| Jan 5, 2025 | Listed | $600,000 | |
| Listed | |||
| | |||
|
Please do NOT go to the property without prior permission as there are over 30 surveillance cameras and presently occupied. This is a 2 year old house sitting on 1 acre of land. It has remaining 8 years of structural WARRANTY. This is a great location near Beach Blvd and Atlantic Blvd. You can clear the trees in the back & design what you want it to be, add more houses in the back, sheds, swimming pool, own live stocks and/or horses/ponies, etc. There is a total of 1 acres. This is very convenient location, near Town Center, Costco, Sams Club, Walmart, 3 Asian Markets, just minutes from Jacksonville Beach in a very safe neighborhood. There is a five year warranty on the Water Pump and a warranty on the water Filter. No HOA and no water bill. May install ATT Fiberoptic internet if you want to. there are FOUR smart locks, 3 security systems. Lights surround the house 360 degrees
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| Oct 31, 2022 | Sold | ||
| Sold | |||
| Sep 12, 2022 | Listed by UNITED REAL ESTATE GALLERY | $401,000 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
| Mar 23, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017