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8432 NUSSBAUM Drive
About This Property
The real value may be in the land, location, and future possibilities. The property is connected to city water and septic, providing a solid foundation for redevelopment plans. Whether you're looking to build new, place another manufactured home, or explore investment opportunities, this parcel offers flexibility in an established neighborhood. Conveniently located in Jax Heights Townsite with easy access to major roadways, shopping, dining, and everyday conveniences. Bring your vision, your contractor, and your imagination--properties with this kind of potential don't stay available for long. Cash buyers preferred. Don't miss your chance to unlock the possibilities and create something special here!
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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 |
|---|---|---|---|
| Jun 29, 2026 | Listed by FREEDOM REALTY GROUP LLC | $50,000 | |
| Listed by FREEDOM REALTY GROUP LLC | |||
| Dec 7, 1994 | Sold | ||
| Sold | |||
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About Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017