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5635 ELLIS TRACE Drive
About This Property
Step inside to discover brand-new luxury vinyl plank flooring throughout the main living areas, complemented by cozy new carpet in all three bedrooms. The bright, inviting interior features fresh paint throughout, creating a clean and contemporary feel. The kitchen has been updated with brand-new stainless steel appliances, making it ready for everything from weeknight meals to entertaining family and friends.
Outside, you'll appreciate the fresh exterior paint and newly updated landscaping, adding to the home's curb appeal and creating a warm, welcoming first impression. Whether you're a first-time homebuyer, looking to downsize, or searching for a turnkey investment opportunity, this beautifully updated home is ready for its next owner. Conveniently located in Ellis Trace, you'll enjoy easy access to shopping, dining, schools, and major roadways while living in an established Jacksonville community.
Don't miss your chance to make this move-in-ready gem your new home--schedule your showing 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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017