849 KING Street
About This Property
Nestled in the vibrant Riverside/Avondale area and conveniently located near Murray Hill, this home offers a unique blend of modern amenities and timeless character. Additionally, its CCG-1 zoning presents a myriad of opportunities for commercial investors seeking an ideal space for retail or office purposes. Seller offering a 1 year home warranty up to $350.
*First time homebuyer bonds available for up to 5% of purchase price; also possible 100% finance program for this property with select lender.
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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 Northwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017