9299 HECKSCHER Drive
About This Property
Step inside, and you'll be greeted by an open floor plan that floods the space with natural light, making every day feel like a vacation. The home boasts a modern design that eliminates any mobile home vibes, offering a contemporary and comfortable living experience.
The real magic happens outside. Over 20 majestic palm trees, meticulously landscaped grounds, and lush irrigated sod create a tropical oasis. The property features a well and septic system, ensuring self-sufficiency and low maintenance.
Need space for your toys? No problem! Park your vehicle in the oversized 1-car steel garage, keeping it secure and sheltered.
Start your mornings with breathtaking sunrises over the St Johns River from your 27x6ft covered front porch. In the evenings, relax with unobstructed Timucuan Preserve marsh and sunset views off the back of the house. The location is a nature lover's dream, with the St Johns River Ferry just a stroll away, connecting you to Mayport.
Looking for more than a place to "hang your hat"? This property is situated in a quiet, non-HOA community that offers an entire lifestyle - think water, beaches, and fishing at your fingertips.
Pro-Tip: Dreaming of a larger home down the road? This property is not just a home; it's a canvas for your vision. Utilize it as is and in the future, leverage the existing site improvements and landscaping when building your dream home.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017