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4535 OLD SPANISH Trail
About This Property
Offering over 4200 square feet, the flexible floor plan features an impressive two-story living room filled with natural light, multiple living and gathering spaces, a large bonus/flex room, 3 full bathrooms, and a 3 car garage. hardwood floors extend throughout much of the home, including the spacious primary suite, while four secondary bedrooms offer comfortable carpeting. The sellers especially love the abundant windows, functional layout, generous homesite w a peaceful setting. Easy access to downton, NAS Jax, Town Center area and just minutes from the beaches. This is one of a kind. The bright kitchen features white cabinetry, abundant workspace, a center island with gas cooktop, and opens seamlessly to the home's main living areas--ideal for everyday living and entertaining. All three bathrooms have been thoughtfully updated, adding to the home's move-in-ready appeal.
Step outside to your own backyard retreat featuring a saltwater pool and spa with a new Pentair pool automation system (2023), gas heater, wood deck, and plenty of room to relax or entertain. Recent improvements also include a new roof (2023) and new upstairs HVAC system (2023), providing added peace of mind.
Located in one of Mandarin's most established areas, this property offers the rare combination of a large private homesite, beautiful outdoor living spaces, and convenient access to shopping, dining, parks, schools, and major commuter routes.
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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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$2,295 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017