3147 GREENFIELD
About This Property
NEW ADDITION of approx 1248 square feet in 1996. Rewired and Replumbed in 1998. $7,500 Water Purification/Softner installed in 2001 Lifetime Guarantee and Transferrable. PRICED TO SELL UNDER APPRAISED VALUE. Convenient to schools, shopping, etc. BEAUTIFULLY LANDSCAPED with LARGE FENCED BACK YARD and DECK
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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 Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017