4774 Apache Avenue
About This Property
Gourmet kitchen with custom cabinetry, professional gas range and upscale appliances
Wet bar with ice maker and beverage center
Breakfast Room with French doors leading to veranda and pool
Mud room with custom designed lockers and sink area
Formal dining room with custom mill work (mouldings & casings)
Formal living room with custom mill work (mouldings & casings)
Office with custom built-ins and French doors leading to veranda and pool
Family room with coffered ceiling, limestone fireplace with gas logs and French doors leading to veranda and pool
Master bedroom with sitting area and French doors leading to outside balcony
Spacious walk-in custom closet with his and her dressing areas
Master bathroom with dual marble vanities, separate shower with dual heads, large air bubble tub, water closet and armoire with cable TV
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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 Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017