2542 LOFBERG Drive
About This Property
Enter your own fairy tale, when you come home. You will feel like you are on vacation, away from it all, yet still in the heart of Southside.
The back patio is surrounded by a tall privacy wall. The yard is home to fruit trees and gorgeous azalea plants. There is a large fenced side yard, perfect for a playground for kids or pets, or a designated area for planting vegetables. Tall, oversized garage is ideal for hobbies. Overhead storage can house all your holiday decor. Home is sold as-is, would be a great fit for someone to add their personal touch. I know you are aware that you have to act quickly. A home of this quality, on this size lot, at this price....do I even have to say it???
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 28, 2023 | Sold | ||
| Sold | |||
| Mar 1, 2023 | Listed by WATSON REALTY CORP | $299,000 | |
| Listed by WATSON REALTY CORP | |||
Property Highlights
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About Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017