4872 RED EGRET Drive
About This Property
The Palmetto plan offers 3 bedrooms and a loft on the second floor. The kitchen is equipped with a built in wall oven with separate natural gas cooktop and a farm sink. Off-white cabinets with glazing, granite countertops and a light hardwood tile runs throughout the main floor. Large covered rear lanai, crown molding through the main areas, 5.1 surround sound pre-wire in the Great Room, and an oversized master bath with corner tub and separate shower are a few main features of this home. Move in Ready! NATURAL GAS COMMUNITY! NO CDD FEES! UNDER TWENTY HOME SITES LEFT!
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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 Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017