5181 CHARLEMAGNE Road
About This Property
An investor's and decorator's delight to make waterfront dreams come true!! Endless possibilities in this former model home and offers gorgeous water views on this large cul-de-sac lot. PLENTY of room for a pool and more! Spacious rooms and closets plus large screened enclosure. Home or property has never flooded while owned. Newer roof. Lovingly owned since 1979 by the 2nd owner and offers many options to make this a special home once again!!
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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 |
|---|---|---|---|
| Dec 10, 2019 | Sold | ||
| Sold | |||
| Oct 16, 2019 | Listed by COLDWELL BANKER VANGUARD REALTY | $650,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
Property Highlights
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About Southwest Jacksonville
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1020848
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017