374 AMALURRA Trail
About This Property
As you pass through the covered entryway, there is an outdoor sitting area to the left and you are greeted by a glass front door. Upon entering, you immediately feel invited. The ceilings are tall and there is custom finishwork such as custom moldings and well-appointed lighting & fixtures. The flooring is luxury vinyl planting (LVP) more... throughout in exception of upgraded carpet in the theater/bonus room.
The mother-in-law suite (6th bedroom), is to the right, which includes a den/office and bedroom. There is a private bathroom and walk-in closet. To the left is a formal dining room that currently hosts a baby grand piano. Passing under the second level catwalk, you will be welcomed by open space designed for functionality and entertainment. There is a stately 44" Restoration Hardware chandelier and tons of natural light. The kitchen is well designed and has ample storage including a buttler pantry, double wall oven, pot filling faucet, sub-zero refrigerator, a gas cooktop and a food prep island with counter height bar seating available.
The owner's suite is on the ground level and located to the back left side of the house. There are his/her closets, a soaking tub, a walk-though shower and two vanities as well as a makeup vanity.
On the second level, is a large movie theater that can also be used as a flex/bonus room. There are four additional bedrooms upstairs. One of the bedrooms is currently used as a home office.
As you pass through the glass slider doors from the living room, you will enter the fully screened outdoor entertainment area. There is a spacious covered patio, plumbed with gas, high-end pavers, a custom pool with lounging shelf, a spa, fountains and gathering space that has a gas fire pit. The backyard is fully fenced and there is no shortage of privacy.
Let's schedule your private tour... Welcome home!
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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%.
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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