7329 STEVENTON Way
About This Property
This home features an open concept lets in plenty of natural light. The Split floor plan provides ultimate privacy for the Owner's Suite, which includes highlights such as a large walk-in closet, double vanity, and a soaking tub.
The Kitchen features a large walk-in pantry and an island overlooking the dining room and great room, making it a perfect set up for entertaining. As you step out the back sliding glass, an enclosed lanai offers convenient indoor-outdoor living with a FULLY FENCED in backyard.
Come see this home today! Close to shopping, dining, and major highway highway
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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