149 ABBOTTS Way
About This Property
Situated on a generous .44-acre waterfront homesite, this exceptional 4-bedroom, 3-bath plus a flex room residence showcases everything buyers love about Kensington--spacious homesites, mature landscaping, established charm, and NO CDD fees.
Inside, the beautifully updated interior offers an ideal blend of elegance and comfort, with inviting living spaces designed for both everyday living and entertaining. A spacious three-car garage further enhances the home's thoughtful design, offering both everyday convenience and abundant storage.
Step outside to your own private backyard retreat. Surrounded by mature landscaping for exceptional privacy, the screened lanai features a heated pool and spa, a fully equipped outdoor kitchen with bar seating, and a cozy gas fireplace-- creating the perfect setting for weekend gatherings, family celebrations, or simply relaxing after a long day.
Life in Kensington is about more than just a beautiful home. Residents enjoy a community pool, tennis and pickleball courts, basketball courts, a playground, soccer field with a walking trail, and a vibrant calendar of neighborhood events throughout the year. With its oversized homesites, tree-lined streets, and welcoming atmosphere, it's easy to understand why Kensington continues to be one of St. Johns County's most sought-after communities.
Families will especially appreciate the exceptional school zoning to Palencia Elementary, Pacetti Bay Middle School, and Nease High School--the #1-rated public high school in St. Johns County. A quick closing is available, giving you the opportunity to be settled in before school starts.
Conveniently located just minutes from shopping, dining, golf, beaches, and historic St. Augustine, this home offers an outstanding combination of luxury, location, and lifestyle.
Homes in Kensington are always in demand, and opportunities like this don't come along often. Schedule your private showing today and experience everything this exceptional home and community have to offer.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017