7302 BLAIRTON Way
About This Property
Like new 3/2 home in convenient location. Built in 2016, this home features a concrete paver drive way, living room, dining room, large kitchen with eat in area, home office/study/den, and an open and spacious floor plan. Kitchen has large breakfast bar, stainless appliances, 42'' cabinets and large pantry. Master suite is spacious with dual vanities, large walk in shower and garden tub. Relax on the screen porch or the concrete paver patio area. Carpet in bedrooms and tile throughout. Laundry room has extra cabinets so plenty of storage. Community Amenities include pool, playground, deck, and exercise room.
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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