7139 MELVIN Road
About This Property
verdant landscaping, ensuring utmost privacy. Situated mere minutes from premier retail outlets, supermarkets, esteemed dining
establishments, key transportation highways, educational institutions, places of worship, medical facilities, picturesque beaches, as well as the
esteemed NAX JAX base and Naval Hospital. Don't miss the opportunity to own this captivating abode amidst a host of conveniences. Schedule
your viewing today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 1, 2025 | No longer available | - | |
| No longer available | |||
| Jan 9, 2025 | Price Decreased |
$205,000
↓ $15K
(6.8%) | |
| Price Decreased | |||
| Nov 25, 2024 | Price Decreased |
$220,000
↓ $30K
(12%) | |
| Price Decreased | |||
| Nov 22, 2024 | Listed by DALTON WADE INC | $250,000 | |
| Listed by DALTON WADE INC | |||
| Nov 29, 2021 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017