1800 FL-100
About This Property
a short commute to Orange Park, Keystone Heights, Gainesville, and St. Augustine. The area offers numerous lakes, parks, and recreation areas, state parks, airport and a golf course. If you want to enjoy the serenity of nature and wildlife this is the place. Plenty of room to spread out and relax. Build that dream home! This property is breath taking with a beautiful spring fed pond. Fenced pastures all the way around. This property would make an amazing horse farm. Seller is selling adjacent property 1774 SR 100 Melrose FL. MLS #1159237. It can be done in one transaction or in two transactions.
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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