4162 BALTIC Street
About This Property
This is a great opportunity to own a home or a rental in a great location in Ortega, within a block to the Shops of Ortega and Cortez Park and St. Marks Church and day school. This is also a great neighborhood to walk. (Sidewalks) The present owners have owned this home for 50 years and used it primarily as a rental. It has a new roof (8-1-2022) and wood floors but needs major remodeling or a new start.
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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 28, 2023 | Sold | ||
| Sold | |||
| Aug 21, 2023 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $215,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
Property Highlights
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Price/ft²
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About Southwest Jacksonville
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,625 /mo
- 3 Beds
- 1 Bath
- 1,195 ft²
$1,500 /mo
- 2 Beds
- 1 Bath
- 816 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017