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112 PLAZA DEL RIO Drive
About This Property
Inside, you'll find a bright, open-concept floor plan enhanced by many recent updates, creating a fresh and inviting feel throughout. The living and dining areas flow into the well-designed kitchen featuring ample cabinetry, solid-surface counters, and plenty of space for cooking and entertaining. The home includes three comfortable bedrooms, plus a flex room currently used as an additional living space-ideal for an office, media room, playroom, or hobby area.Step outside to your private backyard oasis, where a sparkling in-ground pool is surrounded by generous patio space perfect for lounging and gatherings. The space is elevated even further by beautiful backyard fountains, adding a peaceful, resort-like ambiance with the soothing sounds of flowing water. Situated in a desirable St. Augustine community close to shops, dining, major highways, and top attractions, this home blends comfort, convenience, and relaxation. With its many new updates, tranquil pool area, and calming backyard fountains, 112 Plaza Del Rio offers a true Florida lifestyle you won't want to miss.
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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
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017