4908 BALLASTONE Drive
About This Property
Step inside to discover a gourmet kitchen featuring a spacious island, double oven, granite countertops, and stainless steel appliances-perfect for culinary enthusiasts and entertainers alike. The first floor master suite is your personal retreat, complete with a serene bay window, double tray ceiling, walk-in closet, and an en-suite bathroom with a separate shower and garden tub.
Fresh paint, new carpet, dual-zone air handlers, and move-in ready. Outside, enjoy the fully screened patio, perfect for entertaining. The backyard overlooks a preserve, allowing for more peace and privacy, and the quaint front porch is ideal for relaxing. The spacious 3-car garage provides ample storage and parking.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | In contract | - | |
| In contract | |||
| May 23, 2024 | Listed by UNITED REAL ESTATE GALLERY | $599,000 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
| Oct 31, 2016 | Sold | ||
| Sold | |||
| Nov 17, 2015 | Listed by UNITED REAL ESTATE GALLERY | $359,990 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
Property Highlights
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About Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017