85326 FALL RIVER Parkway
About This Property
Amelia Walk is centrally located in Nassau County, off the Amelia Concourse. Convenience is key, 15 minutes to the beaches and historic district of Fernandina Beach, 25 minutes to JAX International Airport, 5 minutes to nearby shopping and dining. Community of Amelia Walk offers a relaxed, upscale residential neighborhood with nearby public golf courses without the obligation for Food & Beverage spending Community center includes private gym, tennis courts, resort style pool, clubhouse, soccer field, playground, etc.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017