110 BLUE CREEK Way
About This Property
The home boasts a charming exterior, gutters, a fenced yard, storm door, new shed, and a well-maintained & landscaped lawn with irrigation sprinklers in the front and back yard. The spacious covered & screened lanai overlooks the fully landscaped yard. Crescent Key encompasses 10 acres of lakes and preserves, a community clubhouse, a pool, and a fitness room. This home's central location is approximately 5 miles to the beach, near restaurants, and approximately 9 miles from Old Town St. Augustine. Call today for a private tour!
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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