144 SILVER BIRCH Street
About This Property
144 Silver Birch is a 2023 build. One of the first things you'll notice is the living space. Vaulted ceilings and recessed lighting open it up and make it feel much bigger than you'd expect for 1,200 square feet.
The layout flows the way you want it to with the kitchen, dining and living area all connected without wasted space. It's open, but still comfortable.
The kitchen keeps things simple with white cabinetry, stainless appliances and a setup that works for real life. Nothing you need to change just to move in.
The bedrooms are split, so the primary has its own space and the two additional rooms give you flexibility. Guest room, office, kid's room - whatever fits your life right now.
Out back you're on a preserve lot, so you're not staring into another backyard. Just trees, with an elementary school beyond that, which means no future construction directly behind you. And then there's the location.
You're about 10 minutes to downtown St. Augustine and roughly 4 miles to the beach. Close to everything people move here without the price of being in the historic district or on the island. Shopping, dining and everyday errands are all within easy reach, while the community itself stays quiet and low key.
Ravenswood Village allows rentals with a one month minimum, which gives you flexibility most communities don't. Full time, part time or income producing when you're not here.
It's a newer, low maintenance home in a location that's getting harder to buy into at this price point - which is exactly where the value is!
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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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$1,395 /mo
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- 1 Bath
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017