$211,127
●
House -
Off Market
901 CEDAR BAY Road
Jacksonville, FL 32218
4 Beds
2 Baths
1,524 Ft²
$361,226
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model
About This Property
This waterfront property consists of 1.86 acres with two homes (two
2/1 properties). Square footage is for both homes combined.
High and dry lot with deep water and a dock. Live in one and
rent the other. Both units were rented at $795/month each.
The houses sit approximately 20 feet above the river. These homes
are in a serene, quiet location directly in front of the Broward
river. Easy access to I95 and near many amenities.
Unit Size
1,524 Ft²
Days on Market
-
Land Size
-
Price per sqft
$148
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1941
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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 #847977)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 28, 2017 | Sold | ||
| Sold | |||
| Sep 18, 2016 | Listed by INI REALTY | $225,000 | |
| Listed by INI REALTY | |||
| May 8, 2015 | Listed by INI REALTY | $219,900 | |
| Listed by INI REALTY | |||
| | |||
|
This waterfront property consists of 1.86 acres with two homes. Square footage is for the smaller home only. High and dry lot with deep water and a dock. Would make a great personal home or rental property. The houses sit about 20 feet above the river. These homes are in a serene, quiet location directly in front of the Broward river. Easy access to I95 and near many amenities. Can be combined with one adjacent property (MLS 771346).
| |||
| Jan 14, 2014 | Listed by ALL REAL ESTATE OPTIONS INC | $295,000 | |
| Listed by ALL REAL ESTATE OPTIONS INC | |||
| | |||
|
This property consists of two homes....both are tenant occupied. SF is for the smaller home only. High and dry...deep water. Nice shady trees. Great fishing right from the dock. Houses are currently tenant occupied and would make a great personal home or rental property.The houses sit about 20 feet above the river. Being sold along with two others on adjacent property and all are presently rented. House is being sold ''As Is''....seller to make no repairs. See also MLS #699481 and MLS #699497
| |||
| Mar 28, 2008 | Listed by ALL PRO REALTY SPECIALISTS,INC | $625,000 | |
| Listed by ALL PRO REALTY SPECIALISTS,INC | |||
| | |||
|
Two rental homes located on 1.86 acres of direct riverfront property with 111' river frontage on the Broward River. This riverfront home has 2 bed/1baths w/2 car garage. Concrete block & frame construction. The 2nd home is located at the front of the property and is a 2 bed/1bath adorable updated bungalow with picket fenced backyard, 2 car carport w/attached workshop. Grounds are beautiful!
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Northside
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Listed by: JEREMY LAFFERTY, INI REALTY
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 847977
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# 847977
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