1701 DOLPH Road
About This Property
The Great room with 20ft high ceilings has fireplace with french doors on each side. Gourmet kitchen with quartz counter tops. Huge pantry with side outs. 4 bedrooms with Bonus room that feature a barn door closure. There is a separate bedroom with on suit for guest, in laws and pool bath. The back yard oasis includes a huge lanai, and gorgeous in ground heated pool. Beautiful landscaped yard with concrete edging and 3 car garage. Close to shopping and JaxBaldwin Trail only 4 homes away. If you want a jewel of a home here it is.
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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 Northwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017