643 Jerrells Avenue
About This Property
**Assumable 4.125% VA interest Rate**
As you step inside, you'll be greeted by a warm and welcoming atmosphere, perfect for relaxation and entertainment. The open-concept living area flows seamlessly into the dining area and the well-equipped kitchen, providing ample space for culinary adventures and gatherings. The recently updated kitchen features an undermount stainless sink, quartz countertops and stainless steel appliances. The living area offers tray ceilings and LVP flooring. Just off the living are french doors leading you to the covered back porch area, which is perfect from relaxing or grilling.
The backyard is completely fenced in offering endless possibilities for outdoor activities, gardening, or simply enjoying the Florida sunshine.
Back inside, the primary bedroom is a peaceful retreat, complete with a walk-in closet and an en-suite bathroom for added convenience and privacy. Two additional bedrooms offer versatility for guests, a home office, or creative spaces. The second bathroom is just off the hallway and is easily accessible from the common areas.
The location of this home provides easy access to local amenities, recreational opportunities, and the vibrant community of Fort Walton Beach. This delightful home at 643 Jerrells Ave is a wonderful opportunity for those seeking comfort and convenience in a desirable location. Don't miss out on the chance to make this property your own. Schedule a viewing today and experience all that this home has to 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017