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348 BROWARD Road
About This Property
Dock rebuilt in 2018; sellers added floating dock, power & water, 10,000 lb DECO boat lift.
Over 1.5 acres wooded lot fully fenced with electronic gate, full irrigation system on artesian well. Every major system of home has been improved to the highest quality: 30 year roof, water treatment system, electric panel, plumbing, all new windows and interior doors, added insulation in walls & attic.
Wonderful location on Trout River, next to Jacksonville Zoo, minutes to downtown, convenient to Amelia Island, Jax Airport, 295 Beltway around town. Quiet neighborhood, one way in and out, original Broward Family Estate, RLD-90 zoning!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017