1852 HEARTPINE Drive
About This Property
enhancements. Some of the features include large windows to allow for natural
light, good sized rooms, tile floors, vaulted ceilings an open and spacious
kitchen and great room with fireplace. Repairs include ,paint, drywall,
flooring, roof may need attention and needs A/C. Easy access to highways,
shopping, restaurants, beaches and downtown Jacksonville. Perfect opportunity
to build some equity
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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 Clay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017