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2607 RANDY Road
About This Property
Outside, enjoy a spacious fenced backyard shaded by mature trees with plenty of room to relax, gather, or personalize your outdoor space. A covered carport with fenced entry provides convenient parking and added privacy.
Located just minutes from both San Marco and Southside areas, the property offers convenient access to shopping, dining, commuter routes, and everyday essentials while maintaining the charm of an established neighborhood. Move-in ready and full of potential, this home is ready for its next chapter.
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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