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14703 GARDEN GATE Drive
About This Property
Charming 3 br/2 ba bungalow in pristine condition located in desirable Bartram Park Preserve. Open concept floor plan with tile flooring throughout. This home gets tons of natural light. Large kitchen with quartz counters, spacious island & stainless appliances & upgraded cabinets. Sliding doors open to the screened lanai - perfect for enjoying an evening glass of wine! The backyard is fully fenced with a privacy fence- great for pets & children. The neighborhood is a short walk to the hot shopping area of Durban Park Pavilion with tons of restaurants & shopping. Lovely community amenities feature a clubhouse, pool, playground, fitness center, dog park and soccer field. Move in ready & perfectly located for all the fun things to do!
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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