3688 CASCADE Road
About This Property
UPDATES include: Roof 2013,HVAC 2012,Water Heater 2018, Refrigerator 2016, Shower surround has been updated and plumbing behind wall, newer vanity.Kitchen has newer cabinets and laminate counters. Double pane windows. Wood floors are under carpet. carpet has been on floors since seller owned.Carpet is pulled back in the DR to show also in the hall in front of the bathroom. Cute front porch as you enter this home,separate dining area open to the Living Room. The lot is huge 75x201. 1 car garage has washer and dryer hook up, Washer and Dryer there,not sure worka worka
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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.
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