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5810 CHERRY LAUREL Drive
About This Property
This beautifully maintained 3 bedroom, 2 bathroom, one car garage home offers 1,569 sq. ft. of comfortable living space with no HOA fees. Inside you'll find hardwood floors that flow throughout with an updated main bathroom. The home features a separate dining room, both a formal living room and a spacious additional family room, providing plenty of flexible space for all your needs.
You'll have peace of mind with a newer HVAC system (installed December 2023). The home has been meticulously cared for throughout. Outside, enjoy a massive backyard perfect for pets or gatherings all within your newly private installed fence. This affordable gem is move-in ready and waiting for its next owner. 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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About Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017