11233 CITY FRONT Drive
About This Property
The heart of the home is the gourmet kitchen, where sleek white cabinetry, a classic subway tile backsplash, and quartz countertops create a bright and inviting space. Overlooking the kitchen, the open-concept gathering room flows seamlessly to the covered lanai, perfect for entertaining or relaxing. Luxury vinyl plank flooring in a warm cut pine finish extends throughout the main living areas, adding a touch of sophistication. Tucked away for privacy, the serene owner's suite features a spacious walk-in closet and an en suite bath with a dual-sink vanity, soft-close cabinetry, quartz countertops, a glass-enclosed walk-in shower, and a private water closet. Completing this exceptional home is a two-car garage and abundant storage, ensuring both convenience and comfort.
Ideally situated near major highways, vibrant downtown attractions, the stunning beaches of St. Augustine, and an array of dining and shopping destinations, this home offers the perfect balance of style, comfort, and convenience. *Golf Cart available for purchase.
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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