3314 SHERIDAN Road
About This Property
This adorable home features three bedrooms and two full bathrooms, a beautiful kitchen with tile back splash and new stainless steel appliances. Refinished original hardwood floors, updated electrical service, roof, water heater and new thermal windows!
Great location, close to everything: One mile to the Douglas Anderson School of the Arts, Spring Park Elementary and the ice & sportsplex. Two and half miles to Englewood High school and the local Starbucks on Beach Blvd. Nine minutes to Memorial hospital. Seven Minutes to TIAA Bank Field where the Jaguars play ball. Fifteen minutes to all sorts of shopping like at Regency or the St. John's Town Center. Twenty minutes to Jacksonville beaches. Call to schedule a 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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About Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017