5849 SONORA Drive W
About This Property
Great investment income.TENANT OCCUPIED 3/1. fence front and rear yard. Living dining room combo. Tile flooring throughout, carpet only in 2 bedrooms. bathroom remodel HVAC system replace 2 years ago, roof 2012 Refrigerator and stove self cleaning 5 years. 1 carport. laundry room re-piped with CPVC. Property is being Showings will be coordinated during due diligence period of executed contract sold ''As-Is'' no repairs. Seller would prefer an offer for the 4 properties as a package deal. DO NOT disturb the tenants. They do not know property is for sale. owner will be speaking to the tenants. Monthly rent $820.00
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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