150 OAK Avenue
About This Property
Custom designed and built to take advantage of the panoramic views. Your dock sits on tidal waterway. A 7 minute boat ride to the Intracoastal & an additional 8 minutes S to the Atlantic. AND if Fishing and the Intracoastal aren't for you, walk over to the BEACH! Short walk on the boardwalk to Vilano Town Center w/ great shopping & restaurants. Or hop in the car and across the Vilano Bridge and your in St. Augustine, and all that the city offers. AND THIS HOUSE! Hard to find a corner without a spectacular view. Too many features & benefits to list. See Photos and Document Tab for additional features. Open House on 4/3 from 11am - 2pm.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017