5723 ADAIR Circle
About This Property
Discover the charm and potential of this inviting 3-bedroom, 1.5-bath home, ideally situated in a peaceful neighborhood on Jacksonville's west side. This well-designed two-story home offers a practical layout that's perfect for both everyday living and hosting family and friends. As you enter, you're welcomed by a spacious living room that leads effortlessly into the formal dining area and cozy family room-creating a warm, open atmosphere. Just off these living spaces, you'll find the kitchen and a convenient half bath, making the main floor both functional and comfortable. Durable laminate flooring runs throughout the downstairs, offering both style and easy upkeep. Upstairs features Three bedrooms, including a roomy primary bedroom with a large dressing room that could easily be converted into an additional full bath, adding even more value to the home.
Step outside into a fully fenced backyard oasis, complete with a pergola for relaxing or entertaining and a greenhouse for those with a green thumb. Don't miss your chance to own this versatile and welcoming home in a well-established neighborhood. Schedule your private 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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About Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017