6501 BOWDEN Road
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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 |
|---|---|---|---|
| Feb 28, 2020 | Sold | ||
| Sold | |||
| Dec 23, 2019 | Listed by RPB REALTY,INC | $284,900 | |
| Listed by RPB REALTY,INC | |||
| Jun 4, 2019 | Sold | ||
| Sold | |||
| May 16, 2019 | Listed by FLORIDA HOMES REALTY & MTG LLC | $128,900 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
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Remarks: INVESTMENT OPPORTUNITY- Two homes 6501 and 6503 Bowden Rd on beautiful treed site. Great location with great potential. Convenient to I-95 and Southpoint Area. Homes are being sold ''as is where is'' with cash or renovation loan financing only. RE 6503 Bowden Rd the rear home: Bring your flashlight. Required electrical repairs were made for City Electrical Safety Inspection and passed by the city inspector, but electric Power will not be available until any remaining Jacksonville Building and Municipal Code violations are addressed in buyer's rehab. Any non- corrected code violations will be exempted from title insurance by title co. City Code officials contact information for violation details will be provided for buyer's inspection period.
| |||
| Jan 31, 2019 | Listed by RPB REALTY,INC | $128,900 | |
| Listed by RPB REALTY,INC | |||
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About Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017