29 IRISH ROSE Road
About This Property
Formerly a model home for Advantage builders, this home sits in a community with many large lots and features a rented 500 gallon propane tank for gas stove and grill, and could be used for pool heater as well. It has an irrigation well to save on utuilities as well, and a water softener. It also features 3 car garage, a fireplace, built in shelving, 12' ceilings, and integrated pest control system.
The location is convenient to I95, and gives plenty of options for shopping and dinig and easy access to beaches and St Johns River.
Fourth room usable as guest room/sui
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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.
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About World Golf Village
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$2,800 /mo
- 4 Beds
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- 2,262 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017