3634 Formosa Drive
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2022 | Sold | ||
| Sold | |||
| Aug 24, 2022 | Listed by BASS PROFESSIONAL REALTY, INC | $269,500 | |
| Listed by BASS PROFESSIONAL REALTY, INC | |||
| Apr 20, 2022 | Sold | ||
| Sold | |||
| May 10, 2007 | Listed by BASS PROFESSIONAL REALTY, INC | $149,900 | |
| Listed by BASS PROFESSIONAL REALTY, INC | |||
| Mar 4, 2007 | Listed by BASS PROFESSIONAL REALTY, INC | $154,900 | |
| Listed by BASS PROFESSIONAL REALTY, INC | |||
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REDUCED!!!Spacious concrete block home with much character. Large family room, Large formal dining, patio overlooking large rear yard. Energy efficient windows, attached laundry. Carport and covered entry. Great square footage for the money. All appliances stay, GREAT, MOVE IN READY STARTER HOME.
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Property Highlights
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Price/ft²
Listed On
Sold On
About Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017