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1923 PERRY Street
About This Property
Built in 2022 and owned by just one owner, this 3-bedroom, 2.5-bathroom home offers 1,489 square feet of well-designed living space with a functional layout and low-maintenance finishes throughout. Interior features include durable concrete flooring, an open-concept main living area, and a kitchen equipped with natural gas, including a gas cooktop and tankless water heater.
One of the standout features of this home is the detached 2-car garage with alley access--something not commonly found in this area--providing both convenience and added privacy.
Additional highlights include a gas grill stub connection, a welcoming front porch, and a location that allows for easy access to UF Health, just a short walk away. If you've been looking for a move-in ready home in Springfield without the upkeep of older construction, this is one you'll want to see.
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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 Springfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017