5730 MONCRIEF Road
About This Property
3 Bed/2 Bath concrete-block home with a carport and fireplace, sitting on a quarter of an acre in Jacksonville Fl. Needs a full cosmetic rehab, but strong structure and potential. Roof recently replaced in 2021 and in good condition. 1994 HVAC is working but will need to be replaced for flips.
CASH OFFERS ONLY, AS IS, BUYER MUST DO DUE DILIGENCE BEFORE SUBMITTING OFFER. *seller financing available- please text agent for more info
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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