184 OLIVETTE Street
About This Property
The community of Rivertown has two community centers, fitness center, tennis courts, Rivertown Park with walking and jogging trails, two huge docks that overlook the St Johns River and community kayak launch. The community also features tons of walking trails and a dog park for your four-legged friends. Come see why St. Johns is one of Florida's fastest growing areas.
Sunsets have never looked so good!
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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