2170 SPRING PARK Road
About This Property
The home is move-in ready, partially renovated. The home is made of brick, it has 3 bedrooms 2 bathrooms, with separate living room, dining room and 1 car garage. There is new carpeting in the bedrooms. The back yard is completely fenced in with metal and natural greenery.
PLEASE BE KIND AND WIPE YOUR FEET ON THE ISLAND CARPET IN FRONT OF ROOMS BEFORE ENTERING ANY BEDROOM.
The home is selling AS-IS. Agent and buyer be aware that the seller will not do any additional repairs.
None of the information about this home is guaranteed. Please do your due diligence.
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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 Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017