285 Independence Drive
About This Property
Opportunity knocks at 285 Independence Dr, Jonesboro, GA! This 3-bedroom, 2-bathroom home is perfect for investors or buyers looking to add their personal touch. With TLC needed, this property has incredible potential to be transformed into a stunning home.
Featuring a spacious layout, a cozy living area, and a large backyard, this home offers a solid foundation for your vision. Located in a well-established neighborhood near schools, shopping, and major highways, the location adds to its value.
Bring your creativity and make this home shine! Sold as-is, this is the perfect fixer-upper for those looking to invest or renovate.
Don't miss this great opportunity-schedule your showing 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.
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Address: 335 Madison Avenue, New York, NY 10017