6107 ISLAND FOREST Drive
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 20, 2024 | Sold | ||
| Sold | |||
| Feb 13, 2024 | Listed by EXP REALTY LLC | $410,000 | |
| Listed by EXP REALTY LLC | |||
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Welcome to your own oasis in Fleming Island! This well kept 4 bedroom, 2 bathroom home boasts luxurious features and a serene ambiance that will make every day feel like a retreat. Step into the spacious living room with volume ceilings and bask in the warmth of the fireplace. The updated kitchen is a chef's dream, featuring sleek quartz countertops, white cabinetry and modern appliances that elevate your culinary experience. Escape outside to your own private paradise complete with an inground pool, tiki bar and fire pit. Imagine relaxing under the Florida sun or hosting unforgettable gatherings in this outdoor space. This home also comes with a new roof installed in January 2024. Conveniently located close to shopping, restaurants and schools. Neighborhood has No HOA or CDD fees.
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| Sep 1, 2023 | Listed by JOHN WOLFEL REAL ESTATE LLC | $419,000 | |
| Listed by JOHN WOLFEL REAL ESTATE LLC | |||
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About Fleming Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017