104 FONSECA Drive
About This Property
This stunning 3 bedroom, 2 bath home offers an open floor plan perfect for modern living and entertaining. Step outside to a beautiful screened-in pool, providing a serene oasis in your own backyard. The expansive yard is ideal for outdoor entertaining and gardening enthusiasts.
The primary bedroom is a true retreat, featuring elegant tray ceilings and a private door leading directly to the pool. Enjoy the convenience of a huge walk-in closet and a spacious primary bathroom equipped with a relaxing garden tub, a separate walk-in shower, and dual sinks.
This home also boasts a dual-sided gas fireplace that adds warmth and ambiance to both the dining and living rooms. Situated on a desirable corner lot, this property includes a 2-car garage and is just minutes away from the historic downtown St. Augustine and pristine beaches.
To top it all off, the home comes with a one-year warranty, providing peace of mind and assurance. Don't miss the opportunity to own this exceptional home in a perfect location. Schedule your tour today!
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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