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3919 ELDRIDGE Avenue
About This Property
This 3-bedroom, 2.5-bath home offers over 2,000 square feet of living space, enclosed patio, and a spacious backyard with room to relax, entertain, or expand. The remodeled kitchen features newer appliances, while major updates include a 2020 roof, 2018 HVAC system, 2022 water heater, and 2024 electrical.
Enjoy walking and biking along scenic River Road, with convenient access to shopping, dining, parks, and everything Jacksonville has to offer. A wonderful opportunity to own a pool home on a rare oversized lot and add your personal touch while building equity
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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.
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About Orange Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017