6
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487 NITRAM Street
About This Property
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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 29, 2026 | Price Decreased |
$47,500
↓ $8K
(13.6%) | |
| Price Decreased | |||
| Jun 17, 2026 | Listed by LPT REALTY LLC | $55,000 | |
| Listed by LPT REALTY LLC | |||
| Sep 13, 2025 | Listed | $52,000 | |
| Listed | |||
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|
Great location! In a nice neighborhood in Arlington. Close to shopping, dining and stores. 0.43 acres land is ready to build a home. Electric, water and sewer available.
Address: 487 Nitram St. Jacksonville, FL 32211
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| Nov 2, 2023 | Sold | ||
| Sold | |||
| Jul 21, 2023 | Listed by LANDBRIDGE REALTY GROUP LLC | $39,900 | |
| Listed by LANDBRIDGE REALTY GROUP LLC | |||
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Build your dream house on this nice piece of land close to everything! Lot is cleared and ready to be built on or for placing mobile home. Water, sewer and electricity available. Great neighborhood with no HOA. Schedule your viewing today!
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Property Highlights
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About Greater Arlington
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