3605 JAMMES Road
About This Property
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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.
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 |
|---|---|---|---|
| Jul 17, 2023 | Sold | ||
| Sold | |||
| Apr 26, 2023 | Listed by WATSON REALTY CORP | $175,000 | |
| Listed by WATSON REALTY CORP | |||
| May 12, 2018 | Listed by WATSON REALTY CORP | $89,900 | |
| Listed by WATSON REALTY CORP | |||
| Apr 16, 2018 | Listed by WATSON REALTY CORP | $99,900 | |
| Listed by WATSON REALTY CORP | |||
| | |||
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Three-bedroom, 1-bath turnkey rental home at Wilson and Jammes. Occupied by long-term renter paying $750/month, but home can support higher rental rate of $850 to $950. Tenant currently renting month to month. Lots of inquiries and applications when home is vacant. New roof in 2014. House replumbed, new sunroom windows, new refrigerator in 2018. Fresh exterior paint. Beautiful hardwood floors throughout the home, bright eat-in kitchen, lots of storage including laundry/mudroom. Sunny Florida room at the front of the house can be heated and cooled for additional square footage. Property location ideal for commercial use as doctor's office or small business if rezoned. Two gas stations/convenience stores across the street. Wawa and Walmart are about a quarter mile away. Close to I-295, Lane Ave. and Blanding Blvd.
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| Nov 10, 2004 | Sold | ||
| Sold | |||
Property Highlights
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Price/ft²
Listed On
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About Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017