425 Jackson Street
About This Property
The bedrooms are comfortably sized and provide a warm, inviting atmosphere. The homes full basement adds tremendous versatility to the home, offering additional space ideal for recreation, a home office, gym, or extended living needs. Whether hosting guests or simply enjoying extra room to spread out, this level provides flexibility that a homeowner will truly appreciate. Set on a manageable property designed for easy upkeep, this home is perfect for buyers seeking a move-in ready property that has been lovingly cared for.
Numerous updates have been completed throughout the home, including a roof replaced approximately two years ago, 200-amp electric service updated within the last four years, updated GFCI outlets in the kitchen and bathroom. Additional improvements include a replaced attic fan, new iron yard gates installed last year and a new shed. Its low-maintenance nature makes it an ideal choice for those looking to enjoy their home without the burden of constant upkeep. Conveniently located near shopping, dining, parks, transportation, and local amenities, and within the Oceanside School District, this property presents an exceptional opportunity to own in one of the South Shore's most desirable communities. Homes like this, offering move in ready condition, convenience, and value, do not come around often. Do not miss the opportunity to make this Oceanside gem your next home.
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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 Oceanside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017