3316 SILVER PALM Drive
About This Property
The kitchen has gorgeous new granite counter tops and refaced cabinets. There is plenty of room for entertaining
inside and outside. The master and the 4th bedroom have access to the pool and patio. There is ample natural light form the skylights and the vintage bathrooms have updated pedestal sink and cabinets. No homeowners association to manage your home...Freedom to live how you choose. Come see this home.
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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