3561 GAINES Road
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 31, 2024 | Sold | ||
| Sold | |||
| Nov 30, 2023 | Listed by KELLER WILLIAMS JACKSONVILLE | $550,000 | |
| Listed by KELLER WILLIAMS JACKSONVILLE | |||
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This spacious 4 bedroom & 2 bath home will be constructed early 2024 with completion expected in the spring! This lot of .46 Acre provides plenty of room for your Boat & RV. No HOA or CDD fees are a plus! This home will feature an open concept floorplan with split bedrooms, over-sized Family Room & a 2 car garage. Custom kitchen with white shaker cabinets, granite counters, tile backsplash & stainless steel appliances included. Luxury Vinyl Plank flooring in main areas and carpet in the bedrooms. Just 5 miles to Old Town & close to FL-16, I95 & US1. **The photo is not the actual home-it is a representation of the home that will be under construction in Spring 2024. There may be variances in the finishes, landscaping and colors.** Please see MLS#1259420 for vacant lot listing.
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017