7206 MICHAEL Terrace
About This Property
PRICED BELOW VALUE. This very large 5 bedroom, 4 FULL bath home OFFERS a 2 story LENNAR construction, with owner suite on first floor, another large bedroom with private bath upstairs, and a 3-car garage with storage . Spacious and open with NEW paint throughout allows new owner to create their ideal living space. GORGEOUS kitchen with Whirlpool appliances, food prep island, and WONDERFUL views of backyard. STUNNING bedroom sizes make each room INVITING and comfortable for any and all your guests.
The house INTRODUCES you to a neighborhood that feels like a COMMUNITY, with shopping around the corner, and REMARKABLE butterfly habitat nearby.
This house is READY for you t t
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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