2304 COUNTRY SIDE Drive
About This Property
42'' cabinets, plenty of counter space and porcelain tile in the kitchen. Open family room with tall vaulted ceilings and fireplace. Lots of the natural light in the front and back of the home, Master bedroom located on the first floor with a double tray ceiling, spacious walk in closets,
Huge 22' x 34' garage.
Two very large bedrooms that share a bathroom and a second master suite upstairs with its own private bath. All bedrooms have vaulted ceilings.
Very private back yard and large covered lanai. Large front covered porch with pavers.
Very close to schools and shopping.
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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%.
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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 Fleming Island
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 952781
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017