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490 Jillian Drive
About This Property
Paid-off solar, major updates, and a South Crestview location with an easy commute to Eglin AFB & 7th Special Forces Group: this 4-bedroom, 2-bath home delivers space, efficiency, & value. Offering 1,914 sq ft with a split floor plan, vaulted ceilings, fresh interior paint, updated flooring & fixtures, a spacious living room, formal dining room, breakfast room, and kitchen with walk-in pantry. The primary suite features a garden bath, dual vanity sinks, & plenty of space to unwind.
Step outside to a covered back porch overlooking peaceful green space with no neighbors directly behind the home. Major updates include a 2021 roof, BRAND NEW HVAC, newer hot water heater, & PAID-OFF SOLAR that conveys at no cost to the buyer. Zoned for the NEW Pineview K-8 School and conveniently located South of I-10.
Seller is offering $10,000 toward buyer closing costs PLUS a VA assumable interest rate of 3% for qualified buyers, subject to approval. Ask for details & schedule your showing today!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017