111 OGLETHORPE Boulevard
About This Property
This versatile home is further enhanced by three two bedrooms, a conveniently located Jack-and-Jill bath, a separate laundry room with custom cabinetry, and a spacious garage. The serene outdoor living space features a 22x12 screened and paver veranda, a paver patio, and a spacious fenced backyard. Additional exterior upgrades include elevated construction with 9.33 elevation, paver driveway, seamless gutters, solar panels, water softener, and upscale landscaping. One of the best locations in St. Augustine! Located on Anastasia Island, walk or bike to downtown and St. Augustine's pristine beaches. Walk to Salt Run Inlet where you can watch the boats, dolphins, birds, sunrises and the shimmers of the sunsets. Boating, Kayaking, and paddle boarding galore! Walk 5 min to the Conch House to jump on your boat, enjoy live music and happy hour on the water. 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