2553 WATER BLUFF Drive
About This Property
The property features a large covered RV structure that conveys, a two-car carport, and an additional storage shed, providing ample space for parking and storage.
Inside, the home offers multiple living areas including a formal living room and a comfortable family room highlighted by a wood-burning stone fireplace, perfect for relaxing or entertaining. The kitchen features a walk-in pantry and opens to a bright breakfast nook overlooking the landscaped backyard.
The private primary suite includes an oversized 14+ foot walk-in closet and a spacious glamour bath with double vanity, separate shower, and Jacuzzi garden tub. Additional highlights include laminate flooring in the living room, family room, and breakfast nook, as well as an inside laundry room with abundant cabinet storage and two additional closets.
With its large lot, RV parking, no HOA restrictions, and convenient Jacksonville location, this property offers the space and flexibility that's increasingly hard to find.
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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 Northside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017