3044 Jones Road
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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%.
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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.
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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 |
|---|---|---|---|
| Jun 12, 2014 | Sold | ||
| Sold | |||
| Feb 13, 2014 | Listed by WATSON REALTY CORP | $99,900 | |
| Listed by WATSON REALTY CORP | |||
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Perfect place for a large family needing multiple homes on one property or INVESTOR SPECIAL- Potential rental income of $2225 a month! 3 Rentals on approx 2.25+acres. House rents $850, double-wide for $850, single-wide $525. House is 3/2 and has 3 year old HVAC. DW is 3/2, renovated 5 years ago with new baths, title floors, sheet rock walls, nice wood kitchen, open floor plan and 5 year old HVAC. SW is 2/1, was renovated 4 years ago with new bath, new wood kitchen, hardwood floors in main living areas, carpet, sheet rock walls, new A/C units and gas heat. Additional buildings are a 2 car detached concrete block garage, with a 1 car garage/storage attached. RV garage, RV carport. Three separate pumps, septic tanks, and electrical.
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| Sep 16, 2012 | Listed by WATSON REALTY CORP | $109,100 | |
| Listed by WATSON REALTY CORP | |||
| Aug 4, 2009 | Listed by WATSON REALTY CORP | $129,900 | |
| Listed by WATSON REALTY CORP | |||
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2.37 acres high and dry investment property - 3BR/2BA plus 2 mobile homes - concrete block garage - potential rent $2100
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| Sep 16, 2006 | Listed by WATSON REALTY CORP | $259,900 | |
| Listed by WATSON REALTY CORP | |||
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Let Rentals pay the mortgage! Nice investment opportunity, on 2.5 acres, on Jones Road. 3BR/2BA home plus 2 mobile homes (all rented). Concrete block garage, detached storage off garage. Very private, nice lot. Property has been well maintained, but has greater potential.
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Property Highlights
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Status
Price/ft²
Listed On
Sold On
About Northwest Jacksonville
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 637125
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