143 CALLE NORTE
About This Property
Corner slider doors open off the family room, leading out to a covered screened lanai with a heated saltwater pool, spa and two-story screen enclosure. Ideal for year round entertaining indoors & out, this floor plan flows seamlessly.
The kitchen is complete with a sunny eat-in dining nook, a wrap-around breakfast bar, center island, gas cooktop & a wine refrigerator.
Downstairs finds both formal living & dining spaces with two bedrooms, two and a half bathrooms and a study. A dual sided wrought iron staircase leads upstairs to two additional bedrooms & bathrooms and a loft bonus room opening out to a covered balcony overlooking the pool. Perfectly positioned on a quiet cul-de-sac street with a hidden paver lined driveway, privacy abounds.
Located in the sought-after gated community of Palencia, home to world-class amenities, an A-rated Elementary school & a championship Arthur Hills-designed golf course. Residents enjoy a fitness center, three community pools, lighted clay tennis courts, pickleball, sports fields, pocket parks, fitness trails, and a boardwalk leading to the Intracoastal. This is the perfect place to call home.
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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.
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017