5198 DERBY FOREST Drive
About This Property
Stunning brick home located on an oversized lot and private preserve view in the rear. Beautiful luxury vinyl plank throughout home. Spacious kitchen with stainless steel appliances. Split bedrooms. Owners suite and bathroom offers dual sinks, separate garden tub and shower stall. New AC and pool was recently resurfaced. 30 yr shingle roof was installed in 2011. Buyer is to verify square footage that includes the all enclosed Florida Room. Great location in Jacksonville! Centrally located to both NAS Jax and NS Mayport. Close to great shopping and restaurants. Minutes to Baptist South Hospital and Mayo Hospital.
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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