133 PAVATI Point
About This Property
Outside large covered lanai includes Brand New Summer kitchen, extended bar, 40 Inch Blaze grill and blue pearl granite. Community offers gated entry, clubhouse, a pool, a fitness center, and a fire pit. This home is rated in A-rated School district.
Motivated Seller! Offering 10K towards rate buydown or closing costs. This is a description of an amazing home located on a large homesite, featuring the popular "Julington" floorplan. The house offers 4 bedrooms, 4.5 bathrooms, a study, a bonus room, and a tandem 3-car garage. As you enter the home through the bright open foyer, you'll immediately notice the great room with coffered ceilings and breathtaking water views.
The house boasts numerous upgraded features, such as a grand wooden staircase with iron railings. The kitchen is spacious and filled with light, featuring quartz countertops, a stunning backsplash, a walk-in pantry, a dining room, and a separate study with elegant French doors. The primary bedroom has been extended and includes a soaking tub and a luxurious shower. Additionally, the main level of the house includes a private en-suite bedroom for added convenience.
Upstairs, you'll find two more bedrooms, two bathrooms, and a bonus room, providing ample space for relaxation and recreation. Outside, the large covered lanai offers a perfect spot to unwind and enjoy the water view. It is equipped with an outdoor kitchen featuring a 40-inch Blaze grill, a double cooktop, blue pearl granite countertops with an extended bar, and cabinets.
The community itself offers a gated entry for security and a range of amenities for residents to enjoy. These amenities include a clubhouse, a pool, a fitness center, a kayak launch, and a fire pit. The home is located in a top-rated school district, specifically St. Johns County Schools, making it an ideal choice for families.
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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%.
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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.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017