For SaleRisky Deal2 days on market
3591 MELCON FARMS Way
3591 MELCON FARMS Way, Jacksonville, FL 32223, Jacksonville, FL 32223
$700,000
Estimate®:$646,200
Listing Price
3591 MELCON FARMS Way, Jacksonville, FL 32223
Loc: Jacksonville, FL
Days Listed
2
Tax Assessed
$120k
Estimate®
$646k
Market Rate
Lot Size
10,454 sqft
Rent Estimate
$3,833/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Loretto Elementary School
PK-5
1 mi away
6
Mandarin Middle School
6-8
3.4 mi away
7
Mandarin High School
9-12
2.2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
suburbantwo-storycraftsman-inspiredvinyl sidingtwo-car garagepaver drivewaygabled roofcovered porchneutral color palettenew constructionlandscapedcontemporary
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.29%
Total ROI
52.1%
Cash Flow
$-1,129/mo
DSCR
0.69
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,129/mo net cash flow with a 4.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Jacksonville, FL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $700,000 | $218 |
| 2025-06-30 | Sold | $649,990 | $202 |
| 2025-06-18 | Pending sale | $649,990 | $202 |
| 2025-06-11 | Price change | $649,990 | $202 |
| 2025-05-07 | Price change | $688,990 | $214 |
| 2025-04-15 | Price change | $710,990 | $221 |
| 2025-03-14 | Price change | $727,990 | $226 |
| 2024-12-26 | Price change | $769,990 | $239 |
| 2024-11-06 | Price change | $764,900 | $238 |
| 2024-10-26 | Listed for sale | $723,995 | $225 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,074.96 | $110,000 |
| 2024 | $1,786.5 | $100,000 |
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