41
Map
1089 GROVE Cove
About This Property
Need extra storage or workspace? This property delivers with both a large workshop and an additional storage shed-deal for hobbyists, DIY enthusiasts, or anyone with tools, toys, or equipment to store. Major updates provide peace of mind, including a roof replacement in 2021 and energy-efficient windows installed in 2015.
Conveniently located just minutes from I-295, commuting is a breeze with easy access to major employers including the Cecil Commerce Center, Naval Air Station Jacksonville, and downtown Jacksonville. Nearby medical facilities include Baptist Medical Center Jacksonville, UF Health Jacksonville, and numerous healthcare providers throughout the Jacksonville area.
Don't miss this opportunity to own a move-in-ready home with updates, extra storage, and a fantastic location close to shopping, dining, employment centers, and everything Jacksonville has to offer.
SPECIAL FINANCING INCENTIVES AVAILABLE THROUGH SIRVA MORTGAGE. See Documents
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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 Northwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017