10535 SCOTT MILL Road
About This Property
This home is a replica of the Donnie Ware model home in River Oaks (Fruit Cove). Upon entering, marble and inlaid wood floors lead to a formal living room with 13' ceilings, decorative molding and trim and the formal dining room has built-in cabinets and shelves. A well appointed kitchen provides lots of counter space, serving bar into the breakfast area and an ''aquarium' triple window viewing the pool area. An angled family room has a high vault ceiling with fireplace and built-in shelving. A private Owners Suite is split to the opposite side with sitting room well-designed bath area. Out back is a screened pool and covered patio That looks on to a conservation area. Total SF 3902.
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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%.
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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