9517 COMMONWEALTH 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 |
|---|---|---|---|
| Nov 14, 2023 | Sold | ||
| Sold | |||
| Aug 31, 2023 | Listed by EXP REALTY LLC | $125,000 | |
| Listed by EXP REALTY LLC | |||
| Jan 7, 2022 | Sold | ||
| Sold | |||
| Nov 16, 2021 | Listed by UNITED REAL ESTATE GALLERY | $70,000 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
| | |||
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Great opportunity to purchase land to develop your own dream home 'in the country'! Beautiful property, with an easy commute to Downtown Jax and located close to the Jacksonville-Baldwin Rail Trail. This large lot includes a mobile home (As-Is, Where-Is), but the value is in the land! Other improvements include a culvert, power pole, well & well house, and septic system. The property also features a ''hay shed''. Don't miss your chance for the opportunity to develop your own home!
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About Northwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017