8740 SPRINGTREE Road
About This Property
This property is where comfort meets convenience. Step into the perfect blend of style, space, and serenity in this beautifully maintained 4 bedroom 2 bathroom home located in the heart of Jacksonville's desirable Springtree neighborhood. This property is ideal for growing families or anyone looking to move up into a more spacious lifestyle. As you enter, you're welcomed by an open and airy living room filled with natural light. The kitchen features modern appliances, ample cabinet space and a cozy dining area that flows into the main living space. Enjoy privacy and relaxation in the spacious primary suite. Step outside to a fully fenced large backyard. With a 2 car garage indoor laundry this home delivers both function and freedom. Don't miss this move in ready gem.
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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 Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017