2109 BEACH Avenue
About This Property
A 3rd stairway leads UP from the garage level to the 33x18 SPA/WEIGHT ROOM with a workout station that conveys with the property! It also has a round spa-like FIFTH FULL BATHROOM with a large skylight, centrally located, dividing 600 +/- square foot area into multiple use spaces, and can be EASILY converted to 5th and 6th guest bedrooms, Jack and Jill bedrooms, roomy teen suite, separate home offices, Multi-Generational or In-Law living suite, artist loft, hobby room(s).
This home offers SPACE, FLEXIBIITY and MAXIMUM PRIVACY for Everyone!
IMPORTANT INFORMATION :
Contemporary modern estate was designed by Gerard Vermey,
and has the same owner for 35 years since 1989.
Please review Floorplans, Boundary Survey Map, Dune Topography and Sellers Disclosure, in DOCUMENTS.
Square Footage per the Duval County Property Appraiser records. Buyers to verify during Due Diligence/Home Inspection period as described in NEFAR Purchase and Sale Agreement (NEFAR PASA)
THE PROPERTY SHALL CONVEY IN CURRENT AS-IS CONDITION.
Submit offer with NEFAR PASA Purchase and Sale Agreement,
Flood Zone Rider, Home Inspection Rider, Appraisal Waiver, and Lender/Pre-approval or Verification of Funds Letter.
Escrow and Closing with Richard T. Morehead Title Services
444 Third Street, Neptune Beach FL 32266 ( Att: Beth Murphy)
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017