116 Middleton Place
About This Property
The Plantation is considered the finest and only private, equity golf club and neighborhood in North Florida, with just 565 homes and home sites. As a homeowner at the Plantation you will enjoy 24-hour security in your gated community, private mail delivery, home-side trash collection and even a private Library. You will also love spending time at the Club's Oceanfront Pavillion which includes private beach access, a Bar and Grill and a Junior Olympic size Pool. Play golf on the Signature Arnold Palmer Golf Course or enjoy tennis on one of the six HarTru surfaced courts. The 25,000 square foot Plantation Club House, completely renovated in 2008, is the centerpiece of the community and a great gathering place for neighbors. Enjoy casual dining at the 19th Hole Restaurant, formal dining in the Lake Room, or a private function in the President's Room. You can relax with a drink at the bar or in a lounge chair in front of the fireplace or enjoy a game of cards in the Card Room. You'll enjoy the short drive or bike ride to your morning workout at the world class Plantation House Gym and Aerobics/Pilates Studio. The Plantation at Ponte Vedra Beach community information can be viewed at the following website which will thoroughly describe the Amenities and Fee Schedule:
www.the plantationpvb.com.
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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