9440 KELLS Road
About This Property
Due to overwhelming interest in the property, we went active 1 week early. The home is being emptied and has not been cleaned.
This beautiful Ranch home is ready for a total remodel, or live in it ''as is''. Priced below recent comps on the same street. Roof 2008, A/C 2004, A/C Ducts 2002, Electrical and Plumbing 1990. Located in the highly sought after Beauclerc Bluff area of Mandarin. Just a short distance to the St. Johns River. Enjoy shopping, great schools and easy access to the interstate. Call me for your private showing.
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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