2826 SAM Road
About This Property
Welcome to 2826 Sam Road-a move-in ready, concrete block home in central Jacksonville with 3 beds, 2 baths, and over 1,500 sq ft of flexible space, including a bonus second kitchen off the back porch of the home! Major updates are already done: & permitted: New roof and solar panels (Estimated System Size: 10.40kw) (2024), re-piped and upgraded electric panel (2019), and a newer water heater (2018). The HVAC system is older but recently serviced and working well. Out back, you'll find a large, fully-fenced yard with raised garden beds already producing pumpkins, red beans, white beans, tomatoes and peppers with no HOA restrictions. With a covered patio, 1-car garage, and versatile layout perfect for multi-gen living or entertaining, this home is full of potential. Conveniently located near shopping, dining, and commuter routes near Memorial Hospital and I-95. Don't miss this one!
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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