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5206 TULANE Avenue
About This Property
Community Events & Social Life:
TLC serves as the social heartbeat of Lakewood, organizing a robust calendar of annual gatherings for families, professionals, and retirees alike. Examples are:
Spring Fling: A seasonal celebration bringing neighbors together to welcome warmer weather.
Food Truck Nights: Regular evening gatherings featuring local cuisine and casual socializing.
Back-To-School Bash: A popular late-summer event to celebrate local students heading back to class.
Holiday Luminaria: A striking winter tradition where streets are lined with glowing lanterns.
Key Characteristics & Culture:
Mid-Century Architecture: Developed heavily starting in the 1940s, Lakewood is widely recognized for its Mid-Century Modern architecture and classic 1950s ranch-style homes.
Natural Landscape: Bordered by the St. Johns River to the west and historic San Marco to the north, the area features a classic Florida landscape filled with palm trees, large oaks, and small neighborhood lakes.
Academic Street Names: Reflecting its post-WWII development era, a unique hallmark of the community is its street names, which are named after prominent colleges and universities (such as Clemson, Cornell, Fordham, and Emory).
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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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Property Highlights
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About Southeast Jacksonville
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$750 /mo
- 1 Bed
- 1 Bath
- 420 ft²
$750 /mo
- 1 Bed
- 1 Bath
- 420 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017