137 HONDO Drive
About This Property
The home features a fantastic split floor plan. The large primary suite is separated from the rest of the bedrooms and features double tray ceilings, walk-in shower and soaking tub. The guest suite is located near the kitchen with its own bedroom, bath and sitting room and the upstairs suite has a private bath. House exterior repainted with Rhino Shield protective coating in 2021 w/25 year transferable warranty. Water heater was replaced in 2020, AC in 2019 and roof in 2016. Community amenities include clubhouse, swimming pool, golf course, tennis and fishing pier. Only 11 minutes to Crescent Beach with easy access to major highways, shopping, restaurants and downtown St. Augustine.
*Sellers may request up to 30-day post-occupancy after closing.*
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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