616 OSMAN Road
About This Property
Step inside to discover an impressive interior with an open layout that maximizes space and welcomes abundant natural light throughout. The kitchen stands as the heart of the home, boasting elegant granite countertops, gleaming stainless steel appliances, a dishwasher, recessed lighting, and a convenient microwave. The under-mounted sink adds a touch of modern sophistication, while the open design creates a perfect flow for entertaining. The flooring features a stylish combination of luxury vinyl plank and tile in the main living areas, with new carpet providing comfort in the bedrooms. Both bathrooms showcase quality finishes with granite countertops on the vanities and tile floors, with the master bathroom offering the luxury of a double vanity while the guest bathroom features a single vanity.
The covered rear patio provides a perfect retreat for outdoor dining, relaxation, and entertainment regardless of weather conditions. The home's exterior maintains its pristine condition with all major components, including the roof, air conditioning system, and water heater, dating to the original 2018 construction. The ample .58-acre lot offers privacy and space, complementing the neighborhood's reputation for mature trees and well-maintained properties.
The location offers unparalleled convenience with easy access to major thoroughfares including I-95 and I-295, making commuting a breeze. Healthcare needs are exceptionally served with proximity to Mayo Clinic, UF Shands, St. Vincent's, and Baptist Medical Center. Shopping enthusiasts will appreciate being near St. Johns Town Center, Shops of Neptune Beach, and St. Augustine Premium Outlets. Educational opportunities abound with nearby institutions including University of North Florida, Jacksonville University, and Florida State College at Jacksonville. The neighborhood boasts excellent public schools such as Abess Park Elementary and Sabal Palm Elementary, both highly rated for their educational programs and facilities.
This East Arlington property represents an exceptional opportunity to own a modern home in one of Jacksonville's most desirable communities. With its 2018 construction, you'll enjoy the benefits of contemporary design and newer systems throughout. Located in a safe area with low crime rates and friendly neighbors, this property offers the perfect balance of comfort, convenience, and community. This home is available now and ready for showings - don't miss your chance to make this East Arlington treasure your own.
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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 |
|---|---|---|---|
| Jul 23, 2025 | Sold | ||
| Sold | |||
| Jun 7, 2025 | In contract | - | |
| In contract | |||
| May 28, 2025 | Price Decreased |
$285,000
↓ $10K
(3.4%) | |
| Price Decreased | |||
| May 19, 2025 | Price Decreased |
$295,000
↓ $20K
(6.4%) | |
| Price Decreased | |||
| May 13, 2025 | Listed by MOMENTUM REALTY | $315,000 | |
| Listed by MOMENTUM REALTY | |||
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About Greater Arlington
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