11583 KEY BISCAYNE Drive
About This Property
This Beautiful 4 Bedroom 2 Full Bath Solid Brick home welcomes you to its warmth through its Original Dark cherry wood Floors, ceramic tiles, Tiffany art glass fixtures, black granite kitchen w/ island, white tile backsplash, and stainless steel appliances. Master bathroom contains glass vessel sink with large jacuzzi and separate walk-in shower. The great room is centered with a brick fireplace, plenty of recess lighting in ceilings. Fully screened in lanai with double French door facilitates entry to spacious backyard w/ large shed, dog house plus large oak trees. Complete washer and dryer hookup. Water heater 6 months old, roof 15 years. In well-established neighborhood with low HOA fee, no CDD! Located 5 minutes from the jacksonville International air air
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017