6304 BATTLEGATE Road
About This Property
The master suite is generous with a garden tub, reading nook, and fabulous closet. Upstairs, the loft greets you at the top of the stairs. There are four bedrooms and two bathrooms on this level. The fifth bedroom has been converted into a Theater Room where you can enjoy entertainment that exceeds a movie theater experience. AV equipment does not convey. New Carrier AC's in 2019. The back yard features a covered lanai and a fire pit sitting area surrounded by greenery and a vinyl privacy fence. AV equipment does not convey. Paint colors can be restored to neutral with the right offer.
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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 Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017