272 REDFISH CREEK Drive
About This Property
Once inside the welcoming one story home, you will be pleased to find an office, nice sized dining area, two living rooms, one with a wood burning fireplace, and a kitchen with newer stainless steel appliances. There are two bedrooms and a bathroom to one side separated by a pocket door. The large master suite is on the other side along with another bedroom and bathroom that has access from the back yard. This room is great for those college students that have come back or would be a nice cabana for the pool.
Located in the back of the small, quiet, neighborhood of Casa Cola Landing just 5 miles north of the historic district, you can easily get downtown to see the sites, enjoy fine dining, or check out the local music scene. This feels like home.
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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 5, 2021 | Sold | ||
| Sold | |||
| Feb 26, 2021 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $653,500 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017