1505 MILLBROOK Court
About This Property
Located on a culdesac, this open floor-plan, high ceiling, 5 bedroom, 4 full bathroom home sits as close as you can get to the St Johns River without actually being on the river... Look at the pictures: it's close!
The covered & screened in back deck overlooks a giant backyard and serene lagoon filled with wildlife.
Bedrooms 1 & 2 feature a Jack & Jill bathroom separated from Owner's Suite.
Owners suite features large walk-in closet and a spacious bathroom.
The 5th bedroom is above the garage, with a large closet, full bathroom, and separate HVAC.
Freshly painted & ready for you to make
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017