9241 Rosewater Ln, Jacksonville

9241 Rosewater Ln is a 2,064 sq ft Single Family in Jacksonville. It was built in 2007. 9241 Rosewater Ln sits on 0.16 acres of land. In 2014 similar properties sold for between $141,706 and $349,948. We estimate the income value of 9241 Rosewater Ln at $103,843. The assumptions we used to calculate this value are include in the spreadsheet linked below. Jacksonville is in Duval County, Florida.

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9241 Rosewater Ln Property Summary

9241 Rosewater Ln
Jacksonville
FL 32256

Property Size:2,064 sq ft
Acreage:0.16
Year Built:2007
Property Class:B4
Lat, Long: 30.209, -81.500

Not Offered for Sale

This property is not currently for sale by Visulate but we may be able to find something similar. Contact us for details.

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Estimated Value: 9241 Rosewater Ln

Market Data

In 2014 class A single family properties in Jacksonville sold for $85.11 to 907.84 per sq ft with a median price per sq ft of $101.29. Class B properties sold for $34.46 to 85.10 per sq ft with a median of $59.34 and class C properties sold for $10.01 to 34.45 per sq ft with a median of $27.20.

Market Valuation

9241 Rosewater Ln appears to be a B Class property. Suggested value: $244,018

HighMedianLow
Value349,948 244,018 141,706

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $103,843. Details of how we produced this estimate value appear below:

The income value of a property identifies its value as a rental property, Value = Rent - Expenses / Cap Rate. The following table shows four different rent estimates for 9241 Rosewater Ln:

  • The Household Income estimate assumes the tenant has a total household income of $159,168 and spends 27% of this on rent. The household income estimate is derived from census data and tax records.
  • The Household Income - Renters estimate performs a similar calculation based on the household income of renters rather than all households.
  • The Market Rents estimate evaluates this property in comparison to rental properties in the area.
  • The Price/Ft estimate uses the size of the property to estimate its rent.

Click on a rent value to download a spreadsheet that estimates the NOI (net operating income), cash on cash return, income value and IRR (internal rate of return) for this property.

Valuation ModelMonthly Rent
Household Income - All Households $3,581
Household Income - Renters $1,665
Market Rents $1,439
Price/Ft $2,226

Expense Estimates:

  • Census data records show 7% of the rental properties in this area are vacant. We've added a 5% bad dept allowance to this.
  • Maintenance costs are estimated based on the size of the property.
  • The property tax estimate uses the average millage rate for the county. It does not include adjustments for city or unincorporated areas. Actual taxes may vary.
  • Insurance estimates are based on the size and location of the property. They are not adjusted for age, flood zone or other risk factors
  • We don't have a way to estimate HOA fees. These should be added manually

The following table shows a income valuation estimate for 9241 Rosewater Ln. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Amount
Monthly Rent1,439
Annual Rent per Sq Ft8.00
Gross Annual Rent17,269
Vacancies and Bad Debt12%
Vacancies and Bad Debt Amount2,072
Maintenance1,073
HOA, Utilities and CAM0
Property Taxes4,058
Insurance1,070
Management Fees1,727
NOI7,269
Cap Rate7
Estimated Value103,843
Edit Values and Estimate Cashflow Estimate Cashflow
Save to Google Drive (Google login required)

Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

Search County Property Tax and Court Records

Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website

Local Household Income

The median household income in this part of Florida is $85,144. The bottom 10% of the population earn less than $28,780 per year. The top 10% earn more than $193,909 per year. The top 1% earn more than $477,850 per year. Most renters earn between $41,604 (20th percentile) and $69,480 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $170,288 and $212,860.

The tax assessed value of this property places it in percentile 84 of all properties in this area. This suggests it would appeal to someone earning around $159,168 per year who should qualify for a mortgage between $318,336 and $397,920.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $1,061. Most renters earn between $3,467 and $5,790 per month. They typically spend 27% of their monthly income on rent. Most rents fall in the $838 (20th percentile) to $1,374 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 84 of all properties in this area. This corresponds to a rent of $1,439 per month and a monthly household income of $6,168 ($74,016 per year)

Links

  1. 9241 Rosewater Ln, Jacksonville, FL on Zillow
  2. Recent Sales near 9241 Rosewater Ln, Jacksonville, FL on Realtor.com
  3. 9241 Rosewater Ln, Jacksonville, FL on Google Maps
  4. 9241 Rosewater Ln Walkscore
  5. Jacksonville, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies near this Address

  1. Ecpi University LLC (5555 Greenwich Road Ste 300)
  2. Dennis M. Williams, Architect, P.C. (9205 Rosewater Ln)

Sales History

DateSold BySold ToDeed TypePrice
07/01/2014 Not Recorded Buyer: 9302946 Unknown 100.00
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.