12771 THICKET RIDGE Drive
About This Property
The main residence features a fresh kitchen remodel including 2024 upgraded appliances, new paint, and beautiful LVP flooring throughtout. Open floor plan includes recessed dimmable lighting, fireplace, and a spacious island.
Stepping outside, enjoy grilling under the grillzebo while the family cools off in the inground pool refinished with pebble tech and multi-colored lighting. Spacious front and back yards offer room for parking and storage including a shed with lights/power.
Adding to the versatility of the property is the fully finished and climate controlled out-building perfect to be used as an office/man cave.
The core infrastructure was refreshed in:
Electrical -2024, Septic-2022, Pool-2020, A/C-2018, Re-pipe-2018, and Roof-2017.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017