4242 APPLETON Avenue
About This Property
Home Features: Spacious 4 bedrooms and 2.5 baths. RevWood flooring throughout main living areas. Tile flooring in bathrooms and laundry room for durability. Bright kitchen with white cabinetry and granite countertops. Luxurious primary suite with separate soaking tub-perfect for unwinding.
Enjoy outdoor living on the covered lanai
Bonus Feature: Detached garage apartment included and sold ''as is.'' Garage apartment is currently undergoing renovations. Ideal for an in-law suite or potential rental income.
Don't miss this opportunity to own a versatile, high-quality home in a prime location. Schedule your tour today!
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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 Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017