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Jacksonville 32207 Englewood
3624 FORMOSA
$129,500
● House - Off Market

3624 FORMOSA

Jacksonville, FL 32207
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,130 Ft²
$223,373
RealtyHop Estimate
72.49%
Since Dec 1, 2005
National-US
Primary Model

About This Property

***Very beautiful concrete block home near Emerson and I-95*** Well landscaped yard, you'll just love it!  New roof October '05! New carpet by end of October!  Many updated fixtures. New Large private fenced yard.  The large lot is very well landscaped.  Sprinkler system both front and back. All appliances stay with the home except Washer/Dryer. New paint inside and out!
Unit Size
1,130 Ft²
Days on Market
-
Land Size
-
Price per sqft
$115
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950

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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: 3 years ago (Real MLS #255655)

Price History

Date / Event Date Event Price
Mar 6, 2014 Sold
Premium
Sold
Jan 22, 2014 Sold
Premium
Sold
Nov 22, 2005 Sold
Premium
Sold
Aug 6, 2005 Listed by ASSIST2SELL BUYERS & SELLERS $129,500
Listed by ASSIST2SELL BUYERS & SELLERS
Oct 15, 2002 Sold
Premium
Sold
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,013
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,226
  • Gross Building Area: 1,226
  • Building Area: 1,130
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,130
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING PARK MANOR UNIT 06
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: 21-2 31-2S-27E SPRING PARK MANOR UNIT NO 6 LOT 16 BLK 7

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 016200

Zoning

  • Zoning: RLD-60

Geography

  • Assessors Map Reference: 7431
  • Parcel: 127342-0000
  • Block: 7
  • Lot: 16
  • Meridian: SEC 52 TWN 02S RNG 27E
  • Municipality: CITY OF JACKSONVILLE
  • Latitude: 30.2862
  • Longitude: -81.6275

    Address

  • Full Address: 3624 Formosa Dr
  • Legal Unit: 6
  • Address - House Number: 3624
  • Address - Street Name: Formosa
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Jacksonville
  • Carrier Code: C036
  • 4-Digit Zip Code: 6864
  • Zip Code: 32207

Valuation

    Tax

  • Total Area: 1,131
  • Tax Year: 2022
  • Tax Amount: $18,180
  • Tax Rate Code Area: GS

    Appraisal Valuation

  • Standard Deviation: 0.2412
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 66
  • Final Value: 205,439
  • High Value: 255,011
  • Low Value: 155,867

    Market Valuation

  • Market Total Value: $124,260
  • Market Land Value: $45,000
  • Market Improvement Value: $79,260

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $124,260
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $79,260

    Exemptions

  • Welfare Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 04, 2014
  • Current Sale Recording Date: Mar 06, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: 2014050058
  • Previous Sale Recording Date: Jan 22, 2014
  • Previous Sale Contract Date: Jan 22, 2014
  • Previous Sale Amount: $25,100
  • Previous Sale Document Type: 69
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southeast Jacksonville

Stats & Trends

Median Asking:

$369,900

Sale Price/ft²

$215

Below Asking

0.02%

Average Days on Market

63

Average Home Size

1895 ft²

Average Home Age

31 years

Currently For Sale

1494 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 5811 Atlantic Boulevard, Jacksonville, FL, 32207

$1,450 /mo

  • 2 Beds
  • 2 Baths
  • 1,036 ft²
5811 Atlantic Boulevard #47, Jacksonville, FL, 32207 Listing by LORRI REYNOLDS
Unit for rent at 1727 San Marco Boulevard, Jacksonville, FL, 32207

$1,525 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
1727 San Marco Boulevard #3, Jacksonville, FL, 32207 Listing by BETH KING

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: GREGORY R KOCH, ASSIST2SELL BUYERS & SELLERS
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 255655
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.

Frequently Asked Questions

When was property at 3624 Formosa Drive built and last sold?
The property at 3624 Formosa Drive was built in 1950 and last sold on Mar 4, 2014 for $25,100.
How much is this home worth?
The estimated value of the home located at 3624 Formosa Drive is $0.
What are some comparable homes to 3624 Formosa Drive?
There are currently no comparable homes to 3624 Formosa Drive.
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