6424 FORDHAM Circle E
About This Property
Some of the little touches that make a big difference include: original wood floors in the living & dining rooms * knockdown ceilings & textured walls * custom blinds * wood burning, brick fireplace * vessel sink in the adorable guest bath * new front door * additional blown in insulation * Termite Bond with BugOut * SafeTouch security system * Lantana (to draw the butterflies), Camelia, banana & key lime trees in the fenced rear yard. According to the previous owner, the roof and water heater were replaced in 2005. The flat roof was built up and flashings replaced in 2010.
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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 10, 2022 | Sold | ||
| Sold | |||
| Mar 16, 2022 | Listed by LISA DUKE REALTY LLC | $325,000 | |
| Listed by LISA DUKE REALTY LLC | |||
| Aug 5, 2020 | Sold | ||
| Sold | |||
| Jun 11, 2020 | Listed by LISA DUKE REALTY LLC | $210,000 | |
| Listed by LISA DUKE REALTY LLC | |||
| Aug 15, 2014 | Listed by LISA DUKE REALTY LLC | $174,900 | |
| Listed by LISA DUKE REALTY LLC | |||
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About Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017