1258 CLAY Street
About This Property
25k PRICE DROP !!!
This charming 4/2 home sits off of a quiet dead end road right off of 17. Metal roof and HVAC are just a few years old. This little piece of Fleming island paradise is just a short 15-20 minute drive to NAS JAX and only minutes from Fleming Island restaurants and shopping!
This home sits adjacent to two of the last vacant lots available in Fleming Island.
(Please note - adjacent vacant lots are currently under contract.)
PARCEL 38-05-26-014968-001-02 (MLS 1130370)
PARCEL 38-05-26-014968-001-01 (MLS 1130372)
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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 Fleming Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017