134 COBALT Lane
About This Property
Inside, discover a bright, open-concept layout that seamlessly connects the living room, dining area, and kitchen, ideal for everyday living and entertaining. The kitchen features modern appliances, ample cabinetry, and an attractive herringbone backsplash. The primary suite offers comfort with an en-suite bathroom featuring dual sinks, a soaking tub, and a separate shower. Thoughtful upgrades throughout the home include a custom accent wall in the office, LED fireplace, updated half-bath, practical laundry room storage, water softener, and upgraded lighting fixtures.
Enjoy top-rated St. Johns County schools, including Trout Creek Academy (K-8) and Beachside High School Life in Shearwater is all about enjoying the outdoors and staying active. You can spend your weekends floating down the lazy river, cooling off in the lagoon-style pool, or getting in a workout with some laps in the dedicated lap pool. The three-story water slide is a favorite for thrill seekers, while the fitness center with everything from weight machines to yoga space makes staying healthy convenient and fun. Tennis players can take advantage of four clay courts, including a stadium-style setup, and paddlers will appreciate easy kayak access to Trout Creek.
For those who love to explore, the community includes over 15 miles of trails winding through nature and along scenic boardwalks. And when it's time to focus on education, top-rated schools like Trout Creek K-8 Academy and Beachside High School are close by. With quick access to both Jacksonville and historic downtown St. Augustine, plus nearby shopping and dining, Shearwater makes it easy to enjoy the best of Northeast Florida 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