454 AMECA Avenue
About This Property
Some major updates have already been completed, including updated electrical wiring, a roof approximately 5 years old, and an HVAC system around 10 years old, giving you a strong foundation to build on.
Situated in a prime Orange Park location, you'll enjoy close proximity to shopping, restaurants, and medical facilities - making this an ideal opportunity for homeowners or investors alike.
With the right vision and renovations, this home can truly shine. Don't miss out on this value-packed property!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017