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10302 INNOVATION Way
About This Property
Enjoy peaceful outdoor living from the front & rear covered patios, with a fully fenced backyard overlooking a private conservation lot. The garage features Shark Coating flooring, while the primary suite includes a custom California Closet system for elevated organization & storage.
Located in one of Jacksonville's most desirable newer communities, this home offers modern finishes, functional living space, privacy & a prime eTown location. A one-year AHS ShieldPlus home warranty is included for added peace of mind. Move-in ready & a must-see!
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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.
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About Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017