15798 WHITEBARK Drive
About This Property
Welcome home to this like new open concept floorplan in the gated community of Pine Lakes with low HOA fees and NO CDD! Home has 4 bedrooms, 3 full baths and 3 car garage. The spacious kitchen with a large island with quartz countertops and an openness that will take your breath away is equipped with stainless steel appliances, large double ovens overlooking the large living and dining areas. At the front of the home, you will find two bedrooms that share a full bath, a laundry room off the garage, a fourth bedroom with a full bath next door that can be closed off as an in-law suite.. The primary bedroom has beautiful tray ceilings and the ensuite bathroom comes with dual vanities, step in tile shower and garden tub. Pine Lakes community is conveniently located close to highways, shopping, restaurants, Mayport, Kings Bay and NAS Jax bases. HOA includes stunning community pool, park for children and gym.
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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%.
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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 Northside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017