273940 MURRHEE Road
About This Property
Easily escape the hustle of city life, this perfectly situated parcel is only 30 minutes from either Jacksonville or Kingsland. As you meander down the driveway of this completely gated property, you'll notice a detached garage, a storage shed, an oversized concrete pad with plenty of parking, covered awnings for your toys, and specialty covered parking for your RV. What will stand-out the most is the NEW SALT-WATER POOL! It's completely enclosed and already stubbed and ready for a summer kitchen! The pool will be perfect for keeping your guest cool while you create new summer memories! The home features unique octagon design that has windows providing picture perfect views of your parcel from every angle of of this rural masterpiece. Distinct wood workings can be found through-out and help set the tone of this country get-away.
Schedule your private showing of the "Hilliard Hide-Away" today!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017