$69,900
●
House -
Off Market
879 MELSON Avenue
Jacksonville, FL 32254
2 Beds
1 Bath
800 Ft²
$344
Est. Monthly
About This Property
This 2/1 has wall to wall carpet, C/H/A/ You must provide proof of
funds. Asking is $69,900 cash. The property comes with sizable land
for expansion. The Owner would transfer a No Deductible Homeowner's
Warranty to the Buyer. Buyer needs to conduct due diligence as
seller has never lived in the property and cannot disclose
condition of property. Property to be sold in ''As-Is'' condition.
Stove and refrigerator belong to tenant. It is rented for
$750/month. Please DO NOT DISTURB the occupant. ''As is'' cash only
sale with no contingencies. NO VIEWING OF THIS PROPERTY prior to
contract and receipt of non-refundable binder. Member of the
selling LLC is a Realtor.
Unit Size
800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$87
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1926
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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: 2 years ago (Real MLS #1139464)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2022 | Sold | ||
| Sold | |||
| Jan 3, 2022 | Listed by WEICHERT REALTORS THE COFFEY GROUP | $59,900 | |
| Listed by WEICHERT REALTORS THE COFFEY GROUP | |||
| | |||
|
This 2/1 has wall to wall carpet, C/H/A/ You must provide proof of funds. Asking is $65,900 cash. The property comes with sizable land for expansion. The Owner would transfer a No-Deductible Homeowner's Warranty to the Buyer. Buyer needs to conduct due diligence as seller has never lived in the property and cannot disclose condition of property. Property to be sold in ''As-Is'' condition. Appliances belong to tenant.This listing is same as #1139470 in residential listing.. It is rented for $750/month. Please DO NOT DISTURB the occupant. ''As-Is'' cash only sale with no contingencies. NO VIEWING OF THIS PROPERTY prior to contract and receipt of non-refundable binder. Listing #1139464 is same as Reidential. Member of the selling LLC is a Realtor.
| |||
| Nov 2, 2021 | Listed by WEICHERT REALTORS THE COFFEY GROUP | $59,900 | |
| Listed by WEICHERT REALTORS THE COFFEY GROUP | |||
| | |||
|
This 2/1 has wall to wall carpet, C/H/A/ You must provide proof of funds. Asking is $65,900 cash. The property comes with sizable land for expansion. The Owner would transfer a No-Deductible Homeowner's Warranty to the Buyer. Buyer needs to conduct due diligence as seller has never lived in the property and cannot disclose condition of property. Property to be sold in ''As-Is'' condition. Appliances belong to tenant. It is rented for $750/month. Please DO NOT DISTURB the occupant. ''As-Is'' cash only sale with no contingencies. NO VIEWING OF THIS PROPERTY prior to contract and receipt of non-refundable binder. Listing #1147610 is same as in Residential listing. Member of the selling LLC is a Realtor.
| |||
| Mar 23, 2021 | Listed by WEICHERT REALTORS THE COFFEY GROUP | $39,900 | |
| Listed by WEICHERT REALTORS THE COFFEY GROUP | |||
| Jan 4, 2021 | Listed by WEICHERT REALTORS THE COFFEY GROUP | $49,900 | |
| Listed by WEICHERT REALTORS THE COFFEY GROUP | |||
| | |||
|
Newly Painted and carpeted 2br. 1ba is available for sale. C/H/A/ You must provide proof of funds. Asking is $65,900 cash and a quick closing. The property comes with sizable land for expansion. The Owner would transfer a No Deductible Homeowner's Warranty to the Buyer. Buyer needs to conduct due diligence as seller has never lived in the property and cannot disclose condition of property.Tenant is handy and would like to stay. Stove and refrigerator belong to tenant, but stated he would leave appliances. It is rented for $750/month. Please DO NOT DISTURB the occupant. ''As is'' cash only sale with no contingencies. NO VIEWING OF THIS PROPERTY prior to contract and receipt of binder. Member of the selling LLC is a Realtor.
| |||
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Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
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HOA + Taxes
About Northwest Jacksonville
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Listed by: YEMI ADEKUNLE, WEICHERT REALTORS THE COFFEY GROUP
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1139464
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.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1139464
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