905 COLON Lane
About This Property
Enjoy open floor plan, easy to maintain tile flooring throughout the main living area, tile-to-ceiling showers, and a screened lanai-perfect for relaxing or entertaining. Slide open the set of glass doors to expand your living and entertainment space. The corner lot provides added privacy with a peaceful wooded view from the lanai. Conveniently located just 5 minutes from the Jacksonville Zoo, 15 minutes to both downtown Jacksonville and the airport, and about 30 minutes from the beach, this home offers easy access to all that Northeast Florida has to offer.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017