997 CELEBRANT Drive
About This Property
This will not last long.1 owner home in convenient Grogans Bluff. Features: Spacious Great room with fireplace . Formal Dining RM. Large Kitchen with many cabinets, ceramic tile floor and eat in area. Inside Laundry. Split bedroom plan, Master Bedroom suite with garden tub,double sink vanity, Mr& Mrs Closets,Extra Lrg BR's Newer Roof,replaced AC System , Termite Bond, expensive STORM Shutters for WINDOWS, Upgraded Garage Door. Screened Patio - for entertaining or relaxing. Many lrg Trees, Big Lot . Located close to Parks, Schools, Shopping,Mayport, Intra Coastal Waterway and minutes to beaches.
Close to Major Hiways and east Beltway. Seller will pay: 1. Real Estate Commission 2. Provided the buyer uses the seller's title company the seller will pay for the Owner's Title Policy. ALL OTHER CLOSING COSTS ARE CONSIDERED TO BE BUYER CLOSING COSTS AND IF PAID BY THE SELLER WILL BE CONSIDERED A SELLER CONCESSION. Any closing costs checked for the seller to pay in Paragraph 9 of the NEFAR Purchase and Sale Agreement will be presented to the seller as a seller concession. This could affect your buyer's offer, particularly in a multiple offer situation. KEYS WILL NOT BE RELEASED AT CLOSING. Buyer must wait for Title Company Approval to release keys (receipt of closing documents and final Wire). Buyer must confirm GLA size, utilities, lot size - anything of importance to buyer. If applicable: amenities, costs of club memberships, covenants and restrictions, HOA requirements and/or restrictions.
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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.
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017