116 MEDJOOL Trail
About This Property
Welcome to the exclusive gated community of Del Webb Ponte Vedra. This estate series Pinnacle model includes 3 bedrooms, 3 full baths with an office/den. The home features a grand kitchen with upgraded quartz countertops, Wolf propane gas cooktop, and 42-inch soft close cabinets. Upgrades include crown molding, plantation shutters throughout, and tile flooring in main living areas, along with brand new carpet in all bedrooms. Enjoy resort style living at the Anastasia Club, featuring an indoor/ outdoor pool, exercise facilities, activities, and more.
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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