2623 EMILY Drive
About This Property
The split bedrooms offers an exclusive master retreat and with an additional entrance there is an opportunity for multigenerational living. The master bedroom is sure to impress with its size and layout, walk-in closet, with an attached large master ensuite bathroom. The master ensuite has been renovated featuring, walk-in shower, new vanity, flooring, and plenty of storage. Through the master bath you will find your laundry. This area is large enough to be used as a creative multi-use space. It would be an excellent area to configure as a home office, tucked away from the hustle and bustle of the main living area. The 3 bedrooms on the other side of the home have well sized closest and fresh new carpet. The newly renovated hall bathroom is spacious and relaxing with updated shower, vanity, finishes and fixtures. There is plenty of space to spread out in this home.
This whole home has been updated with LVP flooring or carpet, fresh paint, and light fixtures. Roof in 2017, wiring and plumbing updated, New AC in 2023, water heater in 2024, New windows in 2024. Come check it out!
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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 Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017