9518 Melvina Road
About This Property
Full stucco, New Roof, tile floors through home. Eat in kitchen, all appliances stay. Both showers have new tile walls. Wood burning fireplace. Enclosed lanai. Large lot, fenced back yard. Fruit trees. No Home owners association or fees!!! Not a short sale. Must see buyers will not be disappointed.
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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 |
|---|---|---|---|
| Jul 6, 2016 | Sold | ||
| Sold | |||
| Apr 1, 2016 | Sold | ||
| Sold | |||
| Sep 18, 2015 | Listed by WATSON REALTY CORP | $164,900 | |
| Listed by WATSON REALTY CORP | |||
| Jan 28, 2013 | Listed by WATSON REALTY CORP | $164,900 | |
| Listed by WATSON REALTY CORP | |||
| Jul 26, 2004 | Listed by WATSON REALTY CORP | $164,900 | |
| Listed by WATSON REALTY CORP | |||
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This home has great curb appeal and is ready for move in popular Mandarin. Split bedroom floor plan with seperate dining room and living room. Tile floors through out except for kitchen and sunroom. Master bedroom and living room having sliding glass doors that open up into fully glassed enclosed sunroom. Nice fenced private backyard. All appliances stay. Square footage taken from appraisal
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Property Highlights
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Price/ft²
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About Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017