3538 DREXEL Street
About This Property
His/Her Master Bathroom Vanity His/Her Master Shower All new plumbing throughout Separate Garage for storage and parking Fenced in back yard
Stainless steel Oven and hood. Brand new wood laminate flooring Knocked down texture ceilings New fixtures throughout, ceiling fans and recessed lighting in the kitchen Master bedroom features his/her closets Fresh paint throughout Separate Laundry Room Beautiful modern bathrooms featuring new tiles, showers, tub, toilets and vanities
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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