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423 BAYBROOK Drive
About This Property
Truly an amazing home. Beautifully updated throughout & perfectly situated in one of Flemming islands most sought after communities. From the moment you step inside, you will love the soaring high volume ceilings that create a bright open and airy feel. Open floor plan gorgeous white skater 42 in cabinets, butcher block top, stainless appliances. Large island, eat in kitchen area, formal dining room. Split bedrooms. updated baths. Master has soaker tub and separate shower. The thoughtfully updated interior offers, modern finishes and comfortable layout idea for both every day living and entertaining step outside to your brand new screened in porch the perfect spot to unwind in the evenings or enjoy your morning coffee while taking and the peaceful surroundings located just minutes from the Saint Johns River top rated school shopping and dining this home has it all.
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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 Fleming Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017