3023 HERRING
About This Property
This home sits on a big lot,fenced front and back yard,also small saltwater pool in backyard.Nice front porch to relax on.Big foyer as you come in to the right of the foyer is an office area, half bath downstairs for guest.Beautiful kitchen with dark wood and granite countertops, some cabinets have glass fronts for decorative dishes or glasses.Big Laundry inside as well. The living area is very spacious with beautiful stone fireplace and soaring ceilings.Master Bedroom is beyond huge and also has walk in closet.Master bath has garden tub and separate shower and water closet, tile in Master bath..Laminate flooring on bottom floor.French doors leads out to covered
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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