615 PALMETTO 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%.
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 11, 2018 | Sold | ||
| Sold | |||
| Jul 19, 2017 | Listed by KELLER WILLIAMS FIRST COAST REALTY | $175,000 | |
| Listed by KELLER WILLIAMS FIRST COAST REALTY | |||
| May 12, 2009 | Listed by WATSON REALTY CORP | $169,900 | |
| Listed by WATSON REALTY CORP | |||
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This property is loaded with potential! A small house with wrap around porch on 20.57 acres with 4 stocked ponds. Build your dream home in this serene country setting or if you are inerested in light commercial, put in an offer with contingent on zone approval of light commercial and the seller will get property rezoned and let the buyer pay seller at closing.
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About Northwest Jacksonville
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 892419
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017