948 Calypso Way #LOT5
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Jun 7, 2024 | Listed by PASSPORT REALTY, LLC. | $610,900 | |
| Listed by PASSPORT REALTY, LLC. | |||
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UNDER CONSTRUCTION! OTHER MODELS OF THE SAME HOUSE AVAILABLE AND MOVE-IN READY!! $10,000 SELLERS CONCESSION THAT CAN BE APPLIED TO MORTGAGE RATE BUY-DOWN OR CLOSING COSTS. New Construction in Atlantic Beach / Mayport area. This impressive 4 Bedroom, 2.5 Bath, 2510 sqft, two story home with two car garage, is a short drive to Hanna Park, Dutton Island Preserve and the Atlantic Beach Pier. Hardy Panel exterior siding and 9-foot ceilings. Covered Rear Patio. Upgraded Finishes with Premium LPV Vinyl Flooring throughout, Granite Countertops in Kitchen and Baths, Porcelain Tile Bathrooms, Fenced Rear Yard, Ceiling fans in all Bedrooms. 10 Year Warranty through 2-10 Warranty. Seller pays $10,000 towards Closing Costs or Mortgage Rate Buydown with financing with their Preferred Lender.
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| Nov 22, 2022 | Listed by PASSPORT REALTY, LLC. | $609,900 | |
| Listed by PASSPORT REALTY, LLC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017