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Jacksonville 32221 Normandy Estates
8942 Cherry Hill Drive
$119,500
● House - Off Market

8942 Cherry Hill Drive

Jacksonville, FL 32221
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,526 Ft²
$222,759
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

Lovely light and bright, open floor plan with many nice features. Laminate flooring in main areas, tile in kitchen, carpet in bedrooms. Ceiling fans in most rooms. Relax in front of the cozy fireplace in the living room or curl up with a book on the cozy bay window seating area with storage underneath. Plenty of closets and storage space, plus separate laundry room with loads of shelving. Over-sized master has walk-in closet, tub with separate shower. Sprinkler system on well. Community pool.
Unit Size
1,526 Ft²
Days on Market
-
Land Size
-
Price per sqft
$78
Property Type
House
Property Taxes
-
HOA Dues
$33
Year Built
1990

Payment Calculator

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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: 2 years ago (Real MLS #704520)

Price History

Date / Event Date Event Price
Feb 9, 2024 Sold
Premium
Sold
Nov 13, 2020 Sold
Premium
Sold
Aug 22, 2020 Listed by CORNER LOT REALTY LLC $210,000
Listed by CORNER LOT REALTY LLC
Oct 9, 2014 Sold
Premium
Sold
Feb 16, 2014 Listed by CORNER LOT REALTY LLC $119,500
Listed by CORNER LOT REALTY LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 431
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 137

    Dimensions

  • Lot Size Square Feet: 14,829
  • Lot Size Depth Feet: 940
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,993
  • Gross Building Area: 1,993
  • Building Area: 1,526
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,526
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY CREEK UNIT 07
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 43-18 28-2S-25E COUNTRY CREEK UNIT 7 LOT 80

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 011905

Zoning

  • Zoning: RLD-60

Geography

  • Assessors Map Reference: 5428
  • Parcel: 008806-1805
  • Lot: 80
  • Meridian: SEC 28 TWN 02S RNG 25E
  • Municipality: CITY OF JACKSONVILLE
  • Latitude: 30.2968
  • Longitude: -81.8008

    Address

  • Full Address: 8942 Cherry Hill Dr
  • Legal Unit: 7
  • Address - House Number: 8942
  • Address - Street Name: Cherry Hill
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Jacksonville
  • Carrier Code: R165
  • 4-Digit Zip Code: 1486
  • Zip Code: 32221

Valuation

    Tax

  • Total Area: 1,753
  • Tax Year: 2022
  • Tax Amount: $335,060
  • Tax Rate Code Area: GS

    Appraisal Valuation

  • Standard Deviation: 0.2299
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 301,235
  • High Value: 370,517
  • Low Value: 231,953

    Market Valuation

  • Market Total Value: $209,015
  • Market Land Value: $42,500
  • Market Improvement Value: $166,515

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $209,015
  • Assessed Land Value: $42,500
  • Assessed Improvements Value: $166,515

    Sales

  • Current Sale Contract Date: Feb 06, 2024
  • Current Sale Recording Date: Feb 09, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 27604
  • Previous Sale Recording Date: Nov 13, 2020
  • Previous Sale Contract Date: Sep 24, 2020
  • Previous Sale Amount: $214,000
  • 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:

$231,000

Sale Price/ft²

$162

Above Asking

0.00%

Average Days on Market

81

Average Home Size

1577 ft²

Average Home Age

38.5 years

Currently For Sale

841 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 1435 Undine Avenue, Jacksonville, FL, 32221

$1,575 /mo

  • 3 Beds
  • 2 Baths
  • 1,352 ft²
1435 Undine Avenue, Jacksonville, FL, 32221 Listing by LORRI REYNOLDS
Unit for rent at 8015 Patou Drive N, Jacksonville, FL, 32210

$1,575 /mo

  • 4 Beds
  • 2 Baths
  • 1,519 ft²
8015 Patou Drive N, Jacksonville, FL, 32210 Listing by Gerilet Fanord

Rentals Near You

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

Listed by: DANA M MERRILL, CORNER LOT REALTY LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 704520
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 8942 Cherry Hill Drive built and last sold?
The property at 8942 Cherry Hill Drive was built in 1990 and last sold on Feb 6, 2024 for $5,000.
How much is this home worth?
The estimated value of the home located at 8942 Cherry Hill Drive is $0.
What are some comparable homes to 8942 Cherry Hill Drive?
There are currently no comparable homes to 8942 Cherry Hill Drive.
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