5097 SUNDROP Way
About This Property
The primary bedroom is generously sized and includes a stylish tray ceiling, plush carpeting, and ample natural light, creating a serene retreat. Step out back to a fully screened patio complete with a ceiling fan-ideal for enjoying Florida's beautiful weather in comfort and privacy. The backyard is enclosed with a privacy fence, perfect for pets, play, or entertaining.
This home combines modern finishes with practical design in a desirable location-don't miss your opportunity to make it yours!
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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