3640 BURNT PINE Drive
About This Property
You will love the big master bathroom complete with a super shower and an extra-large walk-in closet.
The owners picked this large, private lot which has views of the neighborhood lake but tons of privacy as well. A deep well was installed to keep irrigation costs minimal.
A neighborhood playground is just a couple of doors away.
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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 |
|---|---|---|---|
| Dec 20, 2018 | Sold | ||
| Sold | |||
| Jun 3, 2018 | Listed by WATSON REALTY CORP | $619,200 | |
| Listed by WATSON REALTY CORP | |||
| Feb 22, 2018 | Listed by WATSON REALTY CORP | $630,700 | |
| Listed by WATSON REALTY CORP | |||
| May 11, 2015 | Sold | ||
| Sold | |||
| Jan 14, 2015 | Listed by WATSON REALTY CORP | $511,967 | |
| Listed by WATSON REALTY CORP | |||
Property Highlights
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About Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017