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5628 BELAFONTE Drive
About This Property
Inside, you'll find a functional layout with strong rental potential and plenty of room to add your personal touches. Whether you're searching for your next cash-flowing property, a flip opportunity, or a long-term hold, this one checks all the boxes. Conveniently located in the established Floradale neighborhood with easy access to shopping, dining, schools, and major roadways.
Rent-ready and priced to move, opportunities like this don't last long. Bring your best offer and secure your next investment today!
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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 Northwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017