1912 APPLEGATE Lane
About This Property
For people who prefer to live within city limits, yet enjoy a sense of space. Located in the highly rated Clay County school district, Azalea Ridge is also convenient to Jacksonville's Naval Air Station, Orange Park Medical Center, and the Orange Park Mall.
Golf enthusiasts have a multitude of championship courses from which to choose, such as the Golf Club of Jacksonville and West Meadows Golf Course. Those preferring the exhilaration of water sports can enjoy a wide variety of year around water recreation o
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2020 | Sold | ||
| Sold | |||
| Oct 14, 2019 | Listed by D R HORTON REALTY INC | $226,990 | |
| Listed by D R HORTON REALTY INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017