8564 NORMANDY Boulevard
About This Property
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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 20, 2023 | Sold | ||
| Sold | |||
| Jul 19, 2021 | Listed by WATSON REALTY CORP | $2,400,000 | |
| Listed by WATSON REALTY CORP | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/19/2021
| |
Loft
|
-
|
6632 ft²
|
$2,400,000
Loft
-
6632 ft²
|
$1,900,000
-20.83%
06/09/2023
|
JOHN HARDIN
IRON VALLEY REAL ESTATE NORTH FLORIDA
|
|
08/01/2006
| |
Loft
|
-
|
1500 ft²
|
$1,700,000
Loft
-
1500 ft²
|
-
-
|
DAVID SCHEMER
CENTURY 21 LIGHTHOUSE REALTY
|
Building Info
About Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017