8300 NEWTON Road
About This Property
Seller is calling for highest and best by 5pm 9/24/2016. This beautifully renovated 4 bedroom 2 bathroom home with Wood laminate flooring throughout entrance, dinning, and large living room with a fireplace. Large Kitchen with new tile flooring and Granite countertops, 42 in cabinets with Crown Molding and separate dinning area. . A large Master bedroom with large his and hers closets and a large Master bathroom with Granite tops, a large Garden tub with Jets and separate shower and toilet room. This home sits on a corner lot in the heart of Jacksonville. Minutes from shopping, downtown Jax, Jacksonville beaches and Historic St. Augustine Florida. Come see it today! This one will go quick!
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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