11218 Water Spring Cr
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 11, 2009 | Sold | ||
| Sold | |||
| Oct 9, 2009 | Listed by WATSON REALTY CORP | $229,900 | |
| Listed by WATSON REALTY CORP | |||
| | |||
|
Just reduced! Beautifully maintained Brentwood model at Sweetwater by Del Webb. Split bedroom plan, kitchen w/42'' cabinets and crown molding, corian counters, breakfast area. Great room/dining room combination. Nice lake view. Fabulous amenities at Summerland Hall; low HOA fees. One owner must be 55 or older in this active adult community.
| |||
| Mar 1, 2009 | Listed by WATSON REALTY CORP | $229,900 | |
| Listed by WATSON REALTY CORP | |||
| Nov 9, 2005 | Sold | ||
| Sold | |||
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About Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017