115 BLUEJACK Lane
About This Property
The backyard is large and beautiful full of pavers, a pergola, and a privacy wall. This is where I would spend most of my time. Bannon lakes is a golf cart friendly community that offers a pool, gym, pickle ball courts, and tennis courts. Location, while being close to I-95, not close enough to hear it, but close enough to be at Jacksonville International Airport in 40 minutes, downtown Saint Augustine 16 minutes, the beach in 20 minutes, and within 10 minutes you have Costco, Publix, Greenwise, and over 10 restaurants.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017