5256 ROYCE Avenue
About This Property
Come see this charming 3 bedrooms, 1 bathroom home in Hillcrest, Lakeshore area! The floor is original hardwood. Big fenced backyard, where your family can roam. There are a front porch cover, a carport and also a detached two cars garage. You can convert the garage into studio, in-law suite, man cave, or a mechanic's paradise. Need a little touch up and it will be a charming dream house that you always wanted!
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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 |
|---|---|---|---|
| Nov 26, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Sep 27, 2025 | Price Decreased |
$205,000
↓ $5K
(2.4%) | |
| Price Decreased | |||
| Aug 30, 2025 | Listed by HERRON REAL ESTATE LLC | $210,000 | |
| Listed by HERRON REAL ESTATE LLC | |||
| | |||
|
Motivated Seller - Priced to Sell Quickly!
Don't miss this charming 3-bedroom, 1-bathroom home in the desirable Hillcrest/Lakeshore area, offering character, space, and endless potential. Inside, you'll find beautiful original hardwood floors and a warm, inviting layout.
Step outside to a spacious fenced backyard with a pergola, perfect for entertaining, family gatherings, or pets. Recent updates include a new A/C system and a new garage door, adding comfort and value.
Additional features include a cozy covered front porch, a convenient carport, and a large detached two-car garage—ideal for conversion into a studio, in-law suite, workshop, or even an income-producing rental.
This home can become the dream property you've been waiting for or a smart investment with excellent upside potential.
Don't wait—schedule your showing today before this opportunity is gone!
| |||
| Aug 16, 2024 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Southwest Jacksonville
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Last Updated: 7 months ago
Data Source: Real MLS, MLS# 2020599
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