5926 CARNATION Road
About This Property
Step into your dream home nestled in the heart of Magnolia Gardens! This inviting 3-bedroom, 1-bathroom haven has been beautifully renovated and is waiting to welcome you with open arms. Picture-perfect with modern touches, revel in the allure of luxurious LVP flooring and gleaming stainless steel appliances that adorn the spacious kitchen. Escape to serenity on the expansive covered back porch, ideal for lazy afternoons or entertaining under the stars. But that's not all - discover the charm of your very own storage shed and a sprawling fenced backyard, perfect for endless possibilities and outdoor adventures. With a brand new roof installed in 2015, worry less and live more in this move-in ready sanctuary. Don't just imagine your ideal home - experience it firsthand. Come and see why this gem in Magnolia Gardens is the epitome of comfort, style, and endless potential. Your dream home awaits!
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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 Northwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017