4838 Ortega Forest Drive
About This Property
This lovely home has wood floors, and is on a prime waterfront, treed lot! This home is located in the highly desirable Stockton Elementary school district (A-rated school).
Property also has several fruit trees.
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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 |
|---|---|---|---|
| Jul 20, 2015 | Sold | ||
| Sold | |||
| Jun 30, 2014 | Listed by WATSON REALTY CORP | $750,000 | |
| Listed by WATSON REALTY CORP | |||
| May 28, 2009 | Listed by WATSON REALTY CORP | $850,000 | |
| Listed by WATSON REALTY CORP | |||
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One owner home on .82 acre has Great Bones, Perfect for a new owner make over. Plenty of room to add on. Sits on protected area of the Ortega River.
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| Jun 18, 2007 | Listed by WATSON REALTY CORP | $1,150,000 | |
| Listed by WATSON REALTY CORP | |||
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One owner home on .82 acre lot. The home is livable, but has not been extensively updated. There is ample room to expand and a beautifully tended yard with mature plants and trees. Area is home to many remodeled or rebuilt homes.
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Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017