113 GRAND RIVAGE Drive
About This Property
Beautifully appointed home in a sought-after St. Johns County community featuring a butler's pantry with custom shelving, upgraded light fixtures throughout, and a custom laundry room with abundant storage and cabinetry. This highly desirable MasterCraft Lola floor plan offers thoughtfully designed living spaces with exceptional flow and functionality. The spacious primary suite features a fully customized walk-in closet with built-in organization and walk-in lighting. Ideally located near top-rated St. Johns County schools, with convenient access to shopping, dining, major roadways, shopping, dining, and everyday essentials--this home is a perfect blend of thoughtful upgrades, functionality, and location.
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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. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017