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7246 PAUL HOWARD Drive
About This Property
Home also has separate dining room which leads to other bedrooms and kitchen area. Kitchen appliances are in place and you will enjoy the extra prep island and amount of cabinets in place. Laundry has extra storage as well could be used as pantry area if needed. Back yard is mostly fenced and has lots of space for barbeques or just enjoying the Florida weather out watching the stars at night.
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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