1148 TOCOI Road
About This Property
Built in 2020, you can forget about the ''old house'' headaches. Enjoy a 6-year-young roof, HVAC, and electric system, all wrapped in durable fiber-cement siding. Two spacious bedrooms offer the ideal setup for a roommate, a home office, or a guest wing. The primary bathroom features a sleek walk-in shower for that spa-like feel. The open-concept Great Room flows seamlessly into a crisp, modern kitchen featuring an electric range and built-in microwave. Backyard has a firepit with a wooden pathway and plenty of room to host a private party.
You've got NO HOA and NO CDD fees here. Bring your toys, your personal style, and your peace of mind.
Perfectly positioned within walking and biking distance to both M J Murray Middle School and Webster Elementary. Instant access to the basketball and tennis courts. Cruise on your bike to Flagler College, the Castillo de San Marcos, and the vibrant dining scene of St. George Street in minutes.
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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