30
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4215 FOREST Boulevard
About This Property
House has been re-piped.Upgraded electrical with all outlets updated to 3 pronged plugs. {If you had a sale fall through because of electrical deficiencies, you know how important it is!!}Backyard has wood deck, and a 14 x 10 storage building w/ electric.Fenced Front & Back yards. Backyard fence is 4x6 Main Braces w/ Board on Board Construction. Aluminum Carport w/ Sides for protection protection
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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 Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017