$203,000
●
House -
Off Market
5260 COMMONWEALTH Avenue
Jacksonville, FL 32254
2 Beds
2 Baths
1,040 Ft²
$218,377
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
About This Property
Come take advantage of this one of a kind, fully fenced, property
with almost an acre of land! With BRAND NEW Roof, BRAND NEW Deck,
BRAND NEW Vinyl Siding on the Whole House! With the kitchen and
bathrooms fully updated, the property has been used as office space
for the last 20 years. The space would be well utilized as either a
residential home or an office/home office for 10+ people. The whole
property is completely cleared and fully fenced, making it a
perfect place to have yard toys or park your work vehicles while
not in use. The properties on each side are zoned residential but
the properties across the street are both zoned commercial,
light-industrial. There are multiple opportunities in its current
iteration but also endless potential to customize this property to
your exact needs. Don't hesitate to reach out to ask questions or
schedule your showing today!
Unit Size
1,040 Ft²
Days on Market
49 days
Land Size
-
Price per sqft
$201
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1942
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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: 6 months ago (Real MLS #1205770)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 22, 2023 | Sold | ||
| Sold | |||
| Dec 27, 2022 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $209,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
| Dec 10, 2022 | Listed by RE/MAX SPECIALISTS | $229,000 | |
| Listed by RE/MAX SPECIALISTS | |||
| | |||
|
LOOKING FOR A PLACE WITH NO HOA RESTRICTIONS? THIS IS IT! This adorable bungalow is located on a large lot, just under 1 acre. Fully fenced and gated for privacy. NEW ROOF, NEW DECK, NEW VINYL SIDING. 2 bedrooms, 2 baths and fully updated. Recessed lighting in the family room. Kitchen with ample cabinet space and refrigerator is included. Spacious owners suite with sitting area, vaulted ceiling with wood beam. Large back yard with beautiful oaks for shade. Need space for your boat or recreational toys? You've got it here. Presently zoned residential but has plenty of commercial possibilities. Don't miss out on this little gem!
| |||
| Jun 21, 2022 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $199,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
| Apr 10, 2019 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northwest Jacksonville
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Listed by: CHRISTINA WELCH, KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE
Last Updated: 6 months ago
Data Source: Real MLS, MLS# 1205770
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.
Last Updated: 6 months ago
Data Source: Real MLS, MLS# 1205770
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