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11717 PADDOCK GATES Drive
About This Property
This gorgeous home offers a large private backyard with plenty of room to build a swimming POOL and extended paver-covered lanai that can be accessed from the owner's ensuite, family room and the cabana bath. Home features high ceilings, lots of windows which offer lots of natural light and three large 3-car garage. Among the home's upgrades, the seller painted with Rhino Shield Ceramic coating in 2020 with warranty for 25 years and transferable. Seller leaves the washer and dryer, shelf and storage cabinet in the garage, water softener, portable fireplace w/03 pure Ozone ECO laundry system in the laundry room, little desk in the family room, and upper cabinets in both bathrooms. Attic has a pull down ladder.
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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 Southeast Jacksonville
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$2,400 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017