4218 PILGRIM Way
About This Property
Looking for no HOA or CDD Fees... this is your home!
Imagine sitting on your back patio, grilling and enjoying the view of water. Great place to launch your kayaks or canoes. Located in quiet neighborhood in cul de sac... great place for kids to spend time riding bikes, large lot for pool and so much more!
The roof and A/C are 5years old, replumbed in 2009. Kitchen, bathrooms and floors updated as well.
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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