8604 BERMUDA Road
About This Property
This property was transformed into a haven of comfort and style, offering a seamless blend of contemporary design and functional living.
Discover modern elegance with this renovated 3-bedroom, 2-bathroom gem. The open living area is filled with natural light, perfect for gatherings. Enjoy meals in the chic dining room. A bonus family room offers versatility. The gourmet kitchen boasts top-notch appliances. Step outside to the spacious backyard for relaxation or entertainment. Convenient to local amenities, parks, and schools.
Preferred lender is offering buyer 1% of loan amount to be used towards closing cost or rate buy down.
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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