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15125 VENOSA Circle
About This Property
It has neutral colors, and an upgraded master bathroom with new large walk in shower with Riverstone floor and accent tile. Features include custom ceiling fans, kitchen with Quartz countertops and a custom backsplash and lots of cabinets and sizable pantry, reverse osmosis, tankless water heater, lovely paver floored covered screened lanai, an elegant brick driveway (fits 4 cars or 6 small ones). Has a spacious 2 car garage with Epoxy floors and space above the garage for attic storage. The water softener conveys; seller paid over $6000 in 2019. The water softener has a lifetime warranty transferrable with $500. This is the Topaz model, with an office/flex room and French doors. The washer and dryer included with the home has been replaced with a new set. Seller has invested over $18,000 in upgraded to the home after purchase in addition to CDD fees being completely paid. HOA takes care of roofs and paints the outside and handles lawn maintenance and sprinklers. Enjoy the resort style pool and maintenance free living in this gated community conveniently located just minutes away from the vast Durbin Park shopping center. Come see this Masterpiece Villa today!
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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