97472 PIRATES POINT Road
About This Property
This beautifully maintained home features 3 spacious bedrooms, 3 bathrooms and an open-concept living area designed for comfort and entertaining. Large windows allow natural light while showcasing water views. Step outside to your patio and dock with two boat lifts, ideal for the boating enthusiast. Whether you're enjoying a day on the water or simply taking in the views, this property offers the perfect setting for outdoor living. The 3-car garage provides plenty of space for vehicles, tools, or additional storage. Located just minutes from local dining, shopping, and attractions in Yulee, Fernandina Beach and the charming town of Amelia Island. New roof in 2023; New AC in January 2025.
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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