5473 SPRING BROOK Road
About This Property
Prepare Gourmet Meals w/ Ease in the Generously Sized Kitchen, Boasting an Inviting Eat-In Area, Modernized Appliances, & Ample Cabinet & Countertop Space. Access the Tranquil Patio & Fenced Backyard through a Sliding Glass Door, Offering Low-Maintenance Outdoor Bliss. This Residence is Perfectly Suited for Retirees, Busy Professionals, or Families. The Primary Bedroom Features its Own Versatile Atrium Bathed in Sunlight, Ideal for Meditation, Exercise, or as a Home Office. Say Goodbye to Lawn Care Worries, as Yard Maintenance is Covered by the HOA, Along with Access to the Community Pool, Clubhouse, and Tennis Courts. Conveniently Located Near Jacksonville University, and Just a Short Commute to Downtown, Shopping Centers, Golf Courses, Libraries, Boat Launches, and Mayport. This Gem is a Must-See, Act Fast Before It's Snatched Away! AC Indoor Air Quality system 07, All new Cedar & paint 2017.
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017