3904 ALHAMBRA Drive W
About This Property
Even has a men's and women's powder room. The 2nd floor has an elegant master suite with his and hers walk- in closets and his and her vanities. The hallways provide exquisite artistry on the ceilings and walls and ample storage throughout. Additionally, 3 guest suites are on the 2nd floor each with its own splendid benefit. One with a terrace and stairwell to the side patio, one with an onyx steam shower and the other with a gas fireplace. The 3rd floor is the elegant ballroom, reserved for parties that will surely delight! Additional accommodations are provided in the guest house above the 2nd car garage, offering 1 bedroom and 1 full bath. A private courtyard houses a large 6' deep heated hot/tub spa, for the few that stay late at the party. This property has so much to see with antique fixtures and hand painted custom finishes that you will want to take notes.
Please see notable feature sheet in documents section for more details.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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About Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017