12977 HELM Drive
About This Property
located directly on Julington Creek has water on 2 sides & tranquil views of Julington Durbin Creek Nature Preserve! Fish from your back yard & view wildlife at its best! Home lets the outside in w/its open floor plan that looks at nothing but water & trees. 4 Levels of Decking (3000 SF) w/benches & ceiling fans. Covered boat house on canal has 2 lifts. Dock. Large great room offers vaulted ceiling & corner wood burning stone fireplace. Gourmet kitchen comes fully equipped with upscale appliances & has a walk-in pantry, natural stone counters, greenhouse window, island & breakfast bar. Parking under home will fit 5-6 cars. Large storage room on ground floor. Circular drive w/gated entry. No HOA fees fees
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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