773 WREN Road
About This Property
Inside, the home features a bright living space with beautiful wood flooring and large windows that bring in plenty of natural light. The kitchen has been updated with white shaker cabinets, stainless steel appliances, butcher block countertops, a farmhouse sink, and a modern tile backsplash. Built-in shelving adds character to the living area, and the layout offers a comfortable flow throughout the home.
A spacious flex room at the rear of the home provides additional versatility and can easily be used as a home office, gym, den, or playroom. The property also includes a one-car garage, mature trees, a backyard shed, and a generous fenced in yard with plenty of space to enjoy the outdoors.
Located just minutes from Downtown Jacksonville and San Marco, with easy access to major roadways like Atlantic and University, the property is close to shopping, dining, and is also just a short drive to Jacksonville's beaches! The neighborhood offers a quiet residential setting while still being close to everything Jax has to offer. Schedule your showing today!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017