2886 REX Drive S
About This Property
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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%.
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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 |
|---|---|---|---|
| Sep 24, 2020 | Sold | ||
| Sold | |||
| May 23, 2020 | Listed by FLORIDA HOMES REALTY & MTG LLC | $240,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
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Open House - Saturday and Sunday -- Great Southside location close to shopping, entertainment & business locations. This rustic home sits on a large wooded lot with a country feel. The home features a new open floor plan brand new flooring and newly refinished ceilings. Sit on the screened in porch & enjoy the quiet. The detached garage is just a few feet from the home. Possible revenue generating space above the garage. This space could be a Guesthouse, Apartment, or Office space with approx 384 sq ft . The square feet includes this space. March 2020 new septic system was put in. It accommodates both house & apartment. March 2020 new garage door. Main house is 3/2 and apartment 1/1. Total of 4/3.
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| Nov 14, 2019 | Listed by FLORIDA HOMES REALTY & MTG LLC | $260,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
Property Highlights
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About Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017