773 SYCAMORE Way
About This Property
The primary suite includes an upgraded walk-in shower with a built-in bench, raised vanities, and comfort-height toilets. Both bathrooms are designed for convenience and style. The home also includes a painted garage floor, custom landscaping borders, a full security system, and a termite bond for peace of mind. Step outside to a screened lanai and a paver patio that overlooks a private backyard with side fencing and a tree-lined backdrop. It's the perfect space for relaxing or entertaining. Located in Clay County, this home offers convenient access to Blanding Boulevard, I-295, and SR-23. It is just 20 minutes to NAS Jacksonville, 45 minutes to Mayport Naval Station, and 30 to 35 minutes to Jacksonville Beach. Nearby amenities include Orange Park Mall, Oakleaf Town Center, local parks, grocery stores, and restaurants.
An assumable 4 percent VA loan makes this home an excellent opportunity for qualifying buyers.
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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 Oakleaf Plantation
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017