5315 Marlene Avenue
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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%.
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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 |
|---|---|---|---|
| Aug 19, 2022 | Sold | ||
| Sold | |||
| Jun 10, 2022 | Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | $259,000 | |
| Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | |||
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Priced right. LAKE SHORE TERRACE Concrete block home. 4/2 home, 1,658 square feet of living space. The appliances include matching refrigerator, range and dishwasher. Ceiling fans in the bedrooms, washer/dryer hook up, window treatments. Roof replaced in 2014. Carport offers covered parking. Large circular driveway with plenty of parking as well. Current office could be used as a confirming 5th bedroom as it has a closet plus a separate entrance. Great income property. 650sqft (24 x 27) concrete block utility building located in the LARGE back yard has endless possibilities. Currently tenant occupied. Lease ends August 30. PHOTOS TAKEN BEFORE TENANT MOVED IN!!
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| Oct 30, 2014 | Sold | ||
| Sold | |||
| Jun 24, 2014 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $115,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| Apr 22, 2014 | Sold | ||
| Sold | |||
Property Highlights
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About Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017