135 FAIRLAKE Circle
About This Property
Outdoor living has also been enhanced with an extended lanai and backyard pavers extended approximately four feet, offering additional space for entertaining, grilling or simply enjoying the private preserve views.
Residents enjoy and impressive selection of community amenities, including a swimming pool, fitness center, clubhouse, pickleball and tennis courts, and a community garden. The gated community offers a convenient location with easy access to I-95, shopping, dining and historic downtown St Augustine. This well-cared for home combines comfortable living, thoughtful upgrades, additional indoor and outdoor space, and a peaceful preserve setting-all within an amenity rich 55+ community. Schedule your private showing before it's gone.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 2, 2026 | Listed by WATSON REALTY CORP | $369,900 | |
| Listed by WATSON REALTY CORP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017