8657 MABEL Drive
About This Property
As a one-story home, this versatile design features convenient rooms such as a study and more traditional areas such as a gracious great room which overlooks a gourmet kitchen and bright dining room. This open-concept floor plan adjusts perfectly to every lifestyle including family and entertaining. The owner suite is kept opposite of the two separate bedrooms and contains a flex room which can double as an office, library, or sitting room. The master also contains spectacular features including a massive walk-in closet plus a glass enclosed walk-in shower between two large vanities. This home is set apart from others with the extensive builder upgrades including soft-close cabinets, central vacuum unit with self-retracting hoses, in-wall speakers for great room & master bedroom, premium lot, insulated garage with added outlets, exterior lighting, premium granite and tile for kitchen & baths, upgraded exterior elevation with Hardie 50 year siding, upgraded shower enclosures, and video/entertainment cabinet. Homeowner lawn maintenance including mowing, edging, trimming, turf pest control, fertilizing, mulching & irrigation system maintenance is provided by the HOA. The versatile design & open floor plan is very spacious & warming. Subdivision is conveniently located close to the St. Johns Town Center & the Jacksonville Bypass for easy access to downtown and the beaches.
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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 Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017