129 LINDEN Road
About This Property
Welcome to this beautifully maintained 3-bedroom, 2-bathroom home nestled in the heart of St. Augustine, offering a prime location just moments from the Intracoastal Waterway. With easy access to two boat ramps and nearby parks, outdoor enthusiasts will love the convenience of living near water. Plus, enjoy the freedom of a no-HOA community!
Situated on a spacious 120' x 100' oversized lot, the property features a fully fenced backyard, providing ample space for privacy and recreation. A large 16' x 20' outdoor shed adds extra storage or workspace to this already impressive property.
Step inside and be greeted by a vaulted ceiling in the great room, complete with a cozy gas fireplace - perfect for gathering with family and friends. The open-concept design includes a large kitchen and dining area, ideal for entertaining, as well as a convenient eat-in kitchen for casual dining, ideal for entertaining, as well as a convenient eat-in kitchen for casual dining. The kitchen boasts almost-new stainless steel appliances, including a gas range, refrigerator, and dishwasher, ensuring top-tier functionality for your cooking needs.
Additionally, there is a dedicated office space, offering the perfect spot for remote work or study. Built in 1998, this home has been thoughtfully updated with modern amenities, including a well and sprinkler system for easy lawn care, gutters with leaf guard, and a water softener for added convenience.
With its blend of comfort, functionality, and a prime location, this home offers the best of St. Augustine living.
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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