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Jacksonville 32218 Oceanway
457 ERIC Avenue
$50,000
● House - Off Market

457 ERIC Avenue

Jacksonville, FL 32218
bedrooms
2 Beds
bathrooms
1 Bath
square feet
924 Ft²
$102,990
RealtyHop Estimate
71.65%
Since Jul 1, 2007
National-US
Primary Model

About This Property

Home needs complete rehab. Seller is selling "AS IS, WHERE IS" with no guarantees, claims or repairs. Seller not lived in property over one year. Great investor opportunity to rehab or rebuild. Beautiful lot in a great location. Mobile Home OK.
Unit Size
924 Ft²
Days on Market
-
Land Size
-
Price per sqft
$65
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (Real MLS #376554)

Price History

Date / Event Date Event Price
Jan 29, 2008 Sold
Premium
Sold
Jun 28, 2007 Sold
Premium
Sold
Jun 11, 2007 Listed by WATSON REALTY CORP $60,000
Listed by WATSON REALTY CORP

Property Highlights

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • 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: 38
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,681
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,014
  • Gross Building Area: 1,014
  • Building Area: 924
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 924
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEC 37-1N-2(E,S/D JOHN
  • Land Acres: 0000000291
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 4-21 37-1N-27E .291 JOHN BROWARD GRANT R/P NW1/4 SEC 10 PT LOT 4 RECD O/R 14362-1172

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 010203

Zoning

  • Zoning: RLD-60

Geography

  • Assessors Map Reference: 7232
  • Parcel: 106961-0000
  • Lot: 4
  • Meridian: SEC 37 TWN 01N RNG 27E
  • Municipality: CITY OF JACKSONVILLE
  • Latitude: 30.4623
  • Longitude: -81.6263

    Address

  • Full Address: 457 Eric Ave
  • Address - House Number: 457
  • Address - Street Name: Eric
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Jacksonville
  • Carrier Code: C044
  • 4-Digit Zip Code: 3809
  • Zip Code: 32218

Valuation

    Tax

  • Total Area: 940
  • Tax Year: 2022
  • Tax Amount: $62,112
  • Tax Rate Code Area: GS

    Appraisal Valuation

  • Standard Deviation: 0.2421
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 66
  • Final Value: 162,747
  • High Value: 202,158
  • Low Value: 123,336

    Market Valuation

  • Market Total Value: $90,568
  • Market Land Value: $46,075
  • Market Improvement Value: $44,493

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,035

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 23, 2008
  • Current Sale Recording Date: Jan 29, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2008022239
  • Previous Sale Recording Date: Jun 28, 2007
  • Previous Sale Contract Date: Jun 21, 2007
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: 71
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 Northside

Stats & Trends

Median Asking:

$329,990

Sale Price/ft²

$176

Below Asking

0.02%

Average Days on Market

74

Average Home Size

1997 ft²

Average Home Age

17.6 years

Currently For Sale

779 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

Rentals Near You

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Real MLS

Listed by: MARY DAVIS, WATSON REALTY CORP
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 376554
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 457 Eric Avenue built and last sold?
The property at 457 Eric Avenue was built in 1960 and last sold on Jan 23, 2008 for $132,000.
How much is this home worth?
The estimated value of the home located at 457 Eric Avenue is $0.
What are some comparable homes to 457 Eric Avenue?
There are currently no comparable homes to 457 Eric Avenue.
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