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Jacksonville 32208 Lake Forest Hills
6929 RESTLAWN Drive
$116,000
● House - Off Market

6929 RESTLAWN Drive

Jacksonville, FL 32208
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,362 Ft²
$134,632
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Investor Special!! Back on market after buyer did not move forward.  Recently vacated and cleaned up rental property ready for renovation! Concrete block house on large wooded lot.  Most of large renovation items were done in 2016 including roof, HVAC, floors, and windows.    Can be used as either a rental property or a retail flip depending on your exit strategy.
Unit Size
1,362 Ft²
Days on Market
33 days
Land Size
-
Price per sqft
$99
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 7 months ago (Real MLS #1231390)

Price History

Date / Event Date Event Price
Nov 1, 2023 Sold
Premium
Sold
Aug 19, 2023 Listed by SALT RUN REAL ESTATE $210,000
Listed by SALT RUN REAL ESTATE
Jul 31, 2023 Sold
Premium
Sold
Jun 8, 2023 Listed by SALT RUN REAL ESTATE $135,000
Listed by SALT RUN REAL ESTATE
Jan 1, 2017 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 89
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,991
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 770
  • Total Building Area: 1,401
  • Gross Building Area: 1,401
  • Building Area: 1,054
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,054
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE FOREST HILL UNIT 03A
  • Land Acres: 0000000252
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 24-70 39-1S-26E LAKE FOREST HILLS UNIT 3-A LOT 48 BLK 4

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 011200

Zoning

  • Zoning: RLD-60

Geography

  • Assessors Map Reference: 6322
  • Parcel: 025021-0000
  • Block: 4
  • Lot: 48
  • Meridian: SEC 39 TWN 01S RNG 26E
  • Municipality: CITY OF JACKSONVILLE
  • Latitude: 30.397
  • Longitude: -81.6965

    Address

  • Full Address: 6929 Restlawn Dr
  • Legal Unit: 3-A
  • Address - House Number: 6929
  • Address - Street Name: Restlawn
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Jacksonville
  • Carrier Code: C020
  • 4-Digit Zip Code: 2569
  • Zip Code: 32208

Valuation

    Tax

  • Total Area: 1,227
  • Tax Year: 2022
  • Tax Amount: $230,207
  • Tax Rate Code Area: GS

    Appraisal Valuation

  • Standard Deviation: 0.2484
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 65
  • Final Value: 181,369
  • High Value: 226,424
  • Low Value: 136,315

    Market Valuation

  • Market Total Value: $132,809
  • Market Land Value: $21,810
  • Market Improvement Value: $110,999

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $132,809
  • Assessed Land Value: $21,810
  • Assessed Improvements Value: $110,999

    Sales

  • Current Sale Contract Date: Oct 27, 2023
  • Current Sale Recording Date: Nov 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 227060
  • Previous Sale Recording Date: Jul 31, 2023
  • Previous Sale Contract Date: Jul 26, 2023
  • Previous Sale Amount: $116,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northwest Jacksonville

Stats & Trends

Median Asking:

$234,990

Sale Price/ft²

$160

Above Asking

0.00%

Average Days on Market

69

Average Home Size

1533 ft²

Average Home Age

44.8 years

Currently For Sale

1272 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 904 Bunker Hill Boulevard, JACKSONVILLE, FL, 32208

$1,315 /mo

  • 3 Beds
  • 1 Bath
  • 1,172 ft²
904 Bunker Hill Boulevard, JACKSONVILLE, FL, 32208 Listing by Nancy Greenwood

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: MICHAEL J STETSON, SALT RUN REAL ESTATE
Last Updated: 7 months ago
Data Source: Real MLS, MLS# 1231390
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 6929 Restlawn Drive built and last sold?
The property at 6929 Restlawn Drive was built in 1955 and last sold on Oct 27, 2023 for $205,000.
How much is this home worth?
The estimated value of the home located at 6929 Restlawn Drive is $0.
What are some comparable homes to 6929 Restlawn Drive?
There are currently no comparable homes to 6929 Restlawn Drive.
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