6263 RICKER Road
About This Property
You are greeted by a newly decked porch with railings that runs the width of the house. As you enter the home, the living room's high ceilings, new light-colored laminate floors, fresh paint, and many windows create a lovely, open area that overlooks the butcher-block kitchen with a new fridge and dishwasher. A 12 x 14 downstairs bedroom, (also ideal for den or office), a roomy full bathroom, and a laundry room complete the first floor.
Upstairs, there are two more bedrooms. The 18 x 16 primary bedroom has an entire wall full of closet space, and sliding glass doors lead to a large balcony that provides a stunning view magnificent mature oak trees. The ensuite bathroom features a new, double-sink vanity and a newly-tiled garden tub/shower.
The other upstairs bedroom has two large closets and overlooks the expansive backyard, a cleared half acre perfect for family gatherings or to build a shed, an ADU, or even a barn for horses. In addition, there's a large fenced-in side yard for pets or children to play in as well.
Convenient to I-295, the home has central heat and air and a tankless water heater, both about 5 years old. The pool pump is new and the roof is 9 years old.
Don't miss seeing this charming, custom-designed home, just waiting for a new family to continue its legacy of making memories.
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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