8407 MATHONIA Avenue
About This Property
Architectural shingle roof in 2016 * gutters * Plumbing updated including the addition of a water softener * irrigation well * built-in desk/shelves in the family room * gas fireplace; tank is owned * detached storage building * fenced back yard * giant Pecan tree *
If convenience is key in your home search, then you have found the perfect place to call home. From the prestigious Jacksonville University located down the street to the shops of St Johns Town Center, this home is centrally located in the midst of all daily shopping and dining needs. Direct access to the majority of Jacksonville's entertainment and workforce locations.
May we also suggest the natural beauty that is found in this established community?
The Jacksonville Arboretum & Gardens is a 120-acre urban woodland full of trails for you to explore and enjoy. Featuring three miles of rustic hiking trails, a series of distinct ecological habitats with sloping hills and lovely ravines to explore. Picnic area and plenty of fresh air are available all year long.
Tree Hill - The perfect place to connect with nature and neighbors. Explore the 51-acres and three ecosystems. Plan a family reunion or evening reception in the beautiful Joseph A. Strasser Amphitheater. Enjoy fresh air, plentiful trails and an on-site butterfly house and meet the resident goats, turtles, chickens and the gator!
Arlington Lions Club Park: The wooded grounds provide abundant nature areas and scenic views. A long boardwalk along the river links the property with the adjacent Blue Cypress Park. Public BOAT RAMP access to enjoy endless water activities on the St Johns River.
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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 Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017