5255 CLARENDON Road
About This Property
Don't miss this one! This charming 3/2 home was built in 1985 and is ready for new owners to make it their own! Lovingly maintained; with a new roof in 2015 and HVAC only 2 years old, you can concentrate on interior updates that show off your personal style! Cozy up to the fireplace on those cold nights or enjoy summer evenings on the lovely screened porch overlooking good sized, fenced back yard with fire pit. Lots of closet space. A large detached storage shed/workshop has endless possibilities. This home, detached shed and all appliances convey ''as-is'' - no repairs by seller. Walking distance to nearby elementary school. Convenient to area shopping and dining. Just a short drive to NAS Jacksonville.
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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 Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017