11692 MARSH ELDER Drive
About This Property
WELCOME HOME! THIS 3 BEDROOM 2 BATH HOME WITH SIDE CAR GARAGE IS WAITING FOR YOU! FEATURES INCLUDE SPACIOUS KITCHEN AS THE CENTER OF YOUR HOME WITH BRAND NEW (2022) STAINLESS STEEL APPLIANCES AND BREAKFAST BAR OVERLOOKING GREAT ROOM WITH SOARING CEILINGS AND BREAKFAST AREA. ALSO FEATURES COZY OWNER SUITE WITH BAY WINDOW, HIS AND HER CLOSETS AND MASTER BATH WITH SEPARATE GARDEN TUB. SEPARATE DINING ROOM AND INDOOR LAUNDRY. RELAX ON YOUR SCREENED IN LANAI OVERLOOKING SHADED BACK YARD. CONVENIENTLY LOCATED JUST MINUTES FROM JAX INT'L AIRPORT, RIVER CITY MARKETPLACE WITH RESTAURANTS AND SHOPPING. LESS THAN 30 MINUTES AND CONVENIENT ACCESS VIA 295 TO ALL THREE BASES IN THE AREA, MAYPORT NAVAL BASE, NAS JAX , OR VIA I95 TO KINGS BAY. WELCOME HOME!
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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 Northside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017