3444 BARK Street
About This Property
THANK YOU ALL FOR SUBMITTING OFFERS!
Charming concrete block starter home or Investment property needs updating/TLC. Newer Roof (late 2013 per county permit site) and newer windows. Needs carpet, paint, kitchen opened up, new kitchen, CH&A, Duct work, paint inside & out and some yard work. Attached 1 car carport could be enclosed garage with a large storage room. Fenced back yard. Centrally located, short distance to 95 and downtown. Comps to @$135,000 after repairs!
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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