500 BATTERSEA Drive
About This Property
Built in surround sound speakers were added in family room ceiling and screened lanai was also wired. New hardwood floors in the extended living areas.New carpeting in all four bedrooms. Kitchen counter tops all updated with premium granite, tumbled marble backsplash, with coordinating subway tile added to bar wall area to prevent scuffing. New stainless steel under mount sink, disposal, and Koehler fixture were also replaced at this time. New seeded glass pendent kitchen bar lighting, updated ceiling fans, light fixtures in baths, front flex room, foyer and casual dining area. Updated transitional window treatments in all rooms, including plantation shutters in master closet and front flex room.
Master bedroom, closet and bath areas are expansive and magnificent with walk through shower and large garden tub. Corner lot has been professionally landscaped for complete privacy from the street and neighbors backing up to natural green belt. Landscape lighting in front and back yards.Large newly tiled, 10x24 screened lanai opens onto a new paver patio with sit wall, fire pit and grilling area. Exterior stucco in in great condition and was repainted in 2014.
Sprinkler system has a new pump (2018)and runs on a separate well, for low watering costs. Home has full gutter system on all 4 sides. Newer air conditioning mechanics , interior evaporator coil (2016), and compressor replaced as of 10/2014. Home is also wired for security and has new updated bronze door handles on all interior doors, and newer pewter front door handle lock set.
For new comers to the area, this beautiful mature neighborhood has no CDD fees and an HAO of only $67 per month. Conveniently located only 1.3 miles from Publix Market,6 miles to I95(easy commute to Jacksonville),14 miles to Vilano Beach,16 miles to Micklers Beach,5 miles to top rated Allen D Nease High school and walking distance to top rated Palencia Elementary School.
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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