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6974 ROLLO Road
About This Property
Home features 3 bedrooms, 2 full baths AND flex space that has a closet and can be used as a 4th bedroom. Easy to care for LVP and tile flooring. Eat in kitchen with stainless steel appliances and plenty of cabinet space. Updated bathrooms. Nice screened in back porch and private, large fenced in yard. Dont miss out on this great home!
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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 Northwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017