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8148 BLUE JAY Lane
About This Property
Inside, newly installed engineered oak flooring flows throughout the home, complementing a wood-burning fireplace and fully remodeled kitchen. All bathrooms feature updated tile, including three complete top-to-bottom renovations. Just as impressive is the extensive investment in the home's major systems: a 2024 roof, 2024 HVAC with all-new ductwork, 2026 windows and exterior doors, tankless Rinnai water heater, water softener and whole-house Generac generator supported by two underground 250-gallon propane tanks.
The backyard is designed for year-round Florida living. Enjoy the incredible backyard amenities while knowing your sizable yard stays lush with an irrigation well.
Additional features include permanent exterior lighting, new gutters, a circular driveway and a screened 2-car garage with built-in cabinetry.
Deerwood offers guarded access along with neighborhood recreation including a park, pavilion, sports field, basketball court and playground. Optional membership at Deerwood Country Club provides access to championship golf, tennis, pickleball, fitness, aquatics, dining and social amenities. Centrally located on Jacksonville's Southside with convenient access to St. Johns Town Center, major employment corridors, downtown and the beaches, this is a rare opportunity to enjoy the space and established character of Deerwood without taking on an extensive and costly renovation that most older homes necessitate.
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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 Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017