85405 BLACKMON Road
About This Property
With Open Rural zoning and no HOA, you have the flexibility to truly enjoy your property -- bring your boats, RVs, outdoor toys, and even animals. The spacious yard provides room to spread out, create a garden, add a workshop, or simply enjoy the privacy and outdoor lifestyle.
For water lovers, you're just 1.8 miles from Wilson Neck Boat Ramp, making it easy to spend your days boating or fishing. The beautiful beaches and historic charm of Amelia Island are only 12 miles away, while Jacksonville International Airport is just 14 miles away for convenient travel and commuting.
Please give 24 hr notice for showings.
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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 Yulee
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$1,850 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017