11
Map
2343 Mills Road
About This Property
bar that opens to dining and large family room with fireplace and built in bar great for entertaining. Living room also has fireplace and custom tile throughout. Baths are nicely appointed with decorative tiles and upgraded quartz vanities. Enjoy relaxing in your backyard amongst fruit trees and beautiful landscaping. The patio is large enough for a fire pit, outdoor kitchen, hot tub; you name it. There is also a shed for extra storage...speaking of extra storage, the garage features a finished space that can be used as an exercise room, storage/flex space and has been built to code to be converted to an office/den. There is also storage above the garage. Other features include a sprinkler system on its own well, new roof, plumbing, water heater, HVAC, appliances, paint, ceiling fans, windows, everything.
This home is a "10"...you will not be disappointed !
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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