1849 POWELL Place
About This Property
embodies sophistication and elegance and has original architectural appointments that -
are sure to impress! Built in 1916, features gorgeous original hardwood floors, soaring
10 + high ceilings and spacious rooms, original decorative crown molding, 10'' detailed
base boards, 5 fire places (3 on main floor are ventless gas), upgraded electric and
tankless water heater. The Kitchen boasts Medallion custom cabinets, stainless steel
appliances and a gas range. Recent updating and modernization for today's standa
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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