55
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4965 ORTEGA Boulevard
About This Property
Home was renovated in 2011 with updated kitchen, roof, paint, windows, electrical, crown molding, and knock down ceilings. HVAC is 9 years old. Additional 651 sq ft space in the backyard was converted to a MIL Suite /Income producing space with Bedroom, Living, Kitchen and Bathroom. Outdoor tiki bar & fire pit allows you to enjoy the backyard year round.
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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 |
|---|---|---|---|
| May 7, 2019 | Sold | ||
| Sold | |||
| Mar 29, 2019 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $570,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| Nov 3, 2011 | Sold | ||
| Sold | |||
| Apr 6, 2011 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $299,900 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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About Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017