6003 COMMODORE Drive
About This Property
This inviting home features a functional layout with a generous bonus addition that includes a convenient indoor laundry room, an oversized storage area, and a versatile space perfect for an office nook, playroom, or extra storage.
Enjoy peace of mind with secure off-street parking behind a gated entry, while inside, both the interior and exterior have just been freshly painted and new carpets installed, offering a low-maintenance, move-in-ready experience. Located just 3.1 miles from Naval Air Station Jacksonville, this property is ideal for military families or anyone who values close proximity to base amenities. Additionally, enjoy access to Ortega's extensive park system, providing outdoor enjoyment for all ages.
With its solid structure, excellent location, and recent upgrades, this property is not only a wonderful home but also a fantastic investment opportunity, with recent rental financials available upon request.
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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