5323 SUMMIT LAKE Drive
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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 |
|---|---|---|---|
| May 11, 2016 | Sold | ||
| Sold | |||
| Apr 1, 2016 | Sold | ||
| Sold | |||
| Mar 1, 2016 | Listed by JAX ELITE REALTY | $248,000 | |
| Listed by JAX ELITE REALTY | |||
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MOVE IN READY! GORGEOUS 3 BEDROOM 2 BATHROOM HOME THAT HAS BEEN COMPLETELY UPDATED. NEW PAINT, NEW FLOORING, NEW APPLIANCES AND NEW LIGHTING AND MORE! THIS IS TRULY A MUST SEE. LOCATED IN A GREAT NEIGHBORHOOD IN MANDARIN. GREAT SCHOOLS, CONVENIENT TO EVERYTHING! SELLING AS-IS. SPECIAL CONTRACT & ADDENDUM REQUIRED UPON ACCEPTANCE OF AN OFFER. MINIMUM DEPOSIT $1000. PROOF OF FUNDS OR PREQUAL LETTER MUST BE SUBMITTED WITH OFFER. MUST CLOSE WITH SELLERS ATTY. *** SEE PRIVATE REMARKS***
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| Sep 13, 2015 | Listed by FLORIDA HOMES REALTY & MORTGAGE PROPERTY MANAGEMENT | $229,000 | |
| Listed by FLORIDA HOMES REALTY & MORTGAGE PROPERTY MANAGEMENT | |||
| Sep 6, 2011 | Listed by CENTURY 21 LIGHTHOUSE REALTY | $185,000 | |
| Listed by CENTURY 21 LIGHTHOUSE REALTY | |||
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Short sale. Must have bank approval and seller approval prior to signature on accepted offer.
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About Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017