4627 BIRKENHEAD Road
About This Property
New roof being installed! Original hardwood floors, TONS of light and cozy brick fireplace welcome you in the combination dining/living. Kitchen features skylights so you don't need to flip a switch to make lunch! Adjacent is the indoor laundry and flex room that could be used for a den, breakfast nook or office! One car garage adds extra overhead storage and direct access to house. The private fenced backyard boasts detached shed already fit with water and electric for the tinkerers, gardeners, or artists! Walkable to both Bayview Elementary & Lake Shore Middle! With the charm of historic Jacksonville and the benefit of no renovations, this house is perfect for any lifestyle!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 10, 2021 | Sold | ||
| Sold | |||
| Aug 12, 2021 | Listed by COLDWELL BANKER VANGUARD REALTY | $230,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
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About Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017