4816 NW 71st PLACE
About This Property
The eat-in kitchen, complete with a breakfast bar, ample cabinets, and plenty of counter space. Enjoy the convenience of a reverse osmosis system installed on the kitchen sink. The primary bedroom overlooks the private fenced backyard, En-suite bathroom featuring dual sinks, a walk-in shower, and a soaker tub. On the other side of the house, you'll find two additional bedrooms and a hall bathroom with a tub shower. Step outside to the enclosed back porch or Florida Room, featuring vinyl plank flooring, perfect for enjoying Florida weather year-round. Additional features include a roof replaced in 2017, HVAC replaced in 2010, and a gas hot water heater installed in 2013. Gutters and leaf guards in needed areas and irrigation system. Zoned for Talbot Elementary, Ft. Clarke Middle School, and Gainesville High School. Conveniently located near UF, Shands, NFRMC, Progress Park, San Felasco State Park, and Hunter's Crossing shopping and restaurants. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
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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 Alachua
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017