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903 TALBOT Avenue
About This Property
This charming 3 bedroom and two bath home is situated on a corner lot with a detached garage. With 1,428 square feet, there's ample space for comfortable living. There is a newer roof, HVAC and water heater. Resplendent pine floors flow seamlessly throughout this home.
Three bedrooms provide flexibility for family, guests, or even a home office. The detached garage is a great feature providing extra storage or potential space for a workshop or studio. The corner lot provides extra space for landscaping, gardens or outdoor entertainment. Historic Murray Hill is a quaint and attractive neighborhood in Jacksonville, Florida, known for its unique character, vibrant community, and charming home. It features a mix of architectural styles, including Craftsman, Bungalow, and Mediterranean Revival homes, many of which date back to the early 20th century.
The neighborhood has a tight-knit community atmosphere, with local events, farmer's markets, and community gatherings that foster connections among residents. This neighborhood is conveniently located near major highways, which makes commuting to downtown Jacksonville and other parts of the city easier.
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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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Sep 20, 2024 | In contract | - | |
| In contract | |||
| Sep 16, 2024 | Listed by BERKSHIRE HATHAWAY HOMESERVICES, FLORIDA NETWORK REALTY | $275,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES, FLORIDA NETWORK REALTY | |||
| Oct 4, 1999 | Sold | ||
| Sold | |||
| Feb 28, 1997 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017