107 HERON Road
About This Property
107 Heron sits on an oversized 100x100 lot and is ideally located close to shopping, beaches, and 'A' rated schools. This home is only steps away from the new community park and playground, providing endless opportunities for outdoor fun and recreation. And if you're a water enthusiast, you're in for a treat! This home is situated within walking distance of the intracoastal waterway, where you can take advantage of the nearby boat ramp and kayak launch for endless adventures. Don't miss your chance to own this wonderful piece of paradise. Schedule a showing today and make this St. Augustine gem your own before someone else does!
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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 St. Augustine South
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$2,195 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017