2843 N EIGHTH Street
About This Property
Step inside to an inviting open-concept floor plan with luxury vinyl plank flooring throughout and a spacious living room with vaulted ceilings, creating a bright and airy feel.
The kitchen is designed for both style and functionality, featuring white shaker cabinets, granite countertops, stainless steel appliances, and plenty of prep space.
The home offers three comfortable bedrooms, including a private primary suite with a step-in shower and granite vanity. The guest bathroom features a beautifully tiled shower/tub combo with granite counters, providing a clean and modern look.
Additional highlights include in-home laundry, generous storage space, and a thoughtfully designed layout that maximizes every square foot. If buyers use our preferred lender, Amanda Solari with First Coast Mortgage Funding, she will provide a credit of up to 1% of the loan value towards closing costs and pre-paids. This could be a savings of almost $3,000
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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 St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017