8240 COLLINS Road
About This Property
Offering 1313 SF of heated and cooled living space with many upgrades like bamboo floors, gas fireplace, kitchen & eat-in kitchen area, matching white appliances, brown cabinetry, and so much more!
Most recent home renovations include interior paint in 2020, full roof replacement in 2021, great HVAC system replaced in 2008 & updated in 2017, carpet in the bedrooms, new propane tank installed for fireplace.
Great benefits to this home are the NO HOA dues, NO CDD fees, no flood zone, and lower insurance costs from sturdiness of the full brick construction.
Another amazing benefit to owning this home is its close proximity to major roads/highways like I-95, I-295, Blanding Blvd. Close proximity to Military bases like the Naval Station NAS JAX & Kingsbay Naval station. Close proximity to Shopping & Grocery centers like Publix, Walmart, Winn-Dixie. Close proximity to amazing dining options & malls including the Orange Park Mall, Oakleaf Shopping ares, St. Johns Towncenter, Jacksonvilles HOTTEST Mall. Close proximity to great schools including FSCJ & The University of North Florida. Most of all it's not a long drive to THE BEACH!
This home is move in ready, updated, well maintained, is located in an established and amazing community. It is truly a great opportunity that will not last long. 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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About Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017