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1634 EAST Road
About This Property
Enjoy the freedom of owning over half an acre with no HOA, no CDD fees, and no restrictions! Bring your boat, RV, chickens, or simply enjoy the extra space and flexibility this .53-acre property has to offer. Built in 2023, this 4-bedroom, 2-bath home features a long driveway, 2-car garage, and the peace of mind that comes with newer major systems.
Inside, the home features new luxury vinyl plank flooring and an open, functional layout. The dining area flows seamlessly into the kitchen and living space, creating a comfortable setting for everyday living and entertaining. The kitchen is complete with white cabinetry, granite countertops, and stainless steel appliances. The spacious primary suite features a master bathroom with walk-in shower, double-sink vanity, and granite countertops. The guest bathroom also offers a double-sink vanity with granite countertops and a tub/shower combination.
Centrally located in Jacksonville with convenient access to major roads, this property is just minutes from the beaches, shopping, dining, entertainment, and medical facilities. An excellent opportunity for buyers looking for space, convenience, and the freedom to enjoy their property without HOA restrictions.
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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 Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017