54060 PADDOCK Court
About This Property
Owner added a 28x30 tile floor bonus room plumbed for a wet bar. Perfect room for multiple TVs, gaming system and sports event gatherings. Open floor plan kitchen, dining and living room. More kitchen cabinet space then you will need. Stainless steel appliances. Owner Suite includes Walk in closet, double vanity, garden tub and separate shower. Formal dining room has been converted to 4th bedroom. Located in Nassau county, desirable schools. Convenient to Kings Bay, new Amazon warehouse UFHealth and JIA. Just a short commute to 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017