3616 FREEMAN Road
About This Property
As you enter the home, you'll be greeted by new flooring throughout the main living areas and fresh interior and exterior paint that gives the home a bright and inviting feel. The split bedroom design provides privacy and comfort, with 2 bedrooms located on the main floor and 2 bedrooms upstairs.
The stunning new granite countertops in the kitchen and bathrooms are sure to impress, and the home also features new light fixtures and a new roof. With a 1 car attached carport, you'll have plenty of space to park your car and keep it protected from the elements.
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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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Last Updated: 7 months ago
Data Source: Real MLS, MLS# 1246623
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017