9231 10TH Avenue
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 |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Oct 9, 2023 | Listed by COLEMAN TANNER REALTY | $120,000 | |
| Listed by COLEMAN TANNER REALTY | |||
| | |||
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This charming, historic Spanish bungalow could be the perfect extended stay rental with its close proximity of a 15-minute drive to downtown. The home was originally a 2 bedroom, 1 bathroom home, but the prior owner converted one bedroom into additional living space.
The home sits on a double lot (might be an opportunity to subdivide into a separate lot to accommodate another rental property).
Seller to contribute $5,000 towards prepaid interest or closing costs in lieu of updating bath and unfinished closet space.
Home sold as-is; buyer to verify all property information.
| |||
| Apr 25, 2022 | Sold | ||
| Sold | |||
| Mar 21, 2022 | Listed by OLD BEACH REALTY GROUP INC | $99,000 | |
| Listed by OLD BEACH REALTY GROUP INC | |||
| Oct 30, 2014 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Northwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017