109 MARSH ISLAND Circle
About This Property
109 Marsh Island Circle is a solid concrete block home built along a quiet lake, offering both durability and peaceful water views. The low-maintenance lot requires minimal landscaping, making it ideal for the discerning buyer seeking easy living without sacrificing location. Enjoy close proximity to everything St. Augustine and Jacksonville have to offer while coming home to a serene waterfront setting.
Call today for more information, including tentative insurance quotes, HOA documents, or to schedule your private showing.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017