4733 GEMINI Drive N
About This Property
Wow, full brick house with great bones. Ac replaced in 2020, roof in 2017, new garage door and opener beginning of 2022, 60 ft of sewer line replaced from main house in April of 2022. Perfect for a first time home buyer to make their own or an investor. Nice back yard right at ,24 acres, partially fenced. Full 3 bed 2 bath, bonus room that could easily be converted to a fourth bedroom. Lots of storage throughout the house.
Listed as is, below market value for a quick sale giving plenty of room for you to make your own. Look at recent comps in the area for what this house could be worth renovate inside.
Please forgive photos, interior needs to be brought up to date. Livable while remodeling.
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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%.
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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.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017