175 SAINT VINCENT Drive
About This Property
Situated with the green outdoors pouring in, this Lennar floorplan offers what almost none others do, extra bonus space and the feeling of resort-type privacy from many key living areas and bedrooms. The home office sits apart at the front of the home, closed off by elegant French doors. Beyond the formal sitting, one is welcomed into a spacious open kitchen with sleek contemporary finishes practically ''show ready'' for HGTV with its gas range, double oven, stainless appliances, loads of organized pantry space, and that special touch of cozy & clean design elements. A dining area sits off the kitchen and the enormous family room spills into a covered lanai and outdoor paved patio with a built-in outdoor grilling station. The fenced-in backyard backs to a pretty Preserve. The first-floor luxury master ensuite sits off to one side while 3 other downstairs bedrooms run along the opposite wing with plenty of baths. Upstairs sits a huge bonus room with a walk-in closet, a large full bath, and extra storage closet space: this is the perfect 5th bedroom, guest room, playroom, or home office. The 3 car garage offers even more opportunity for storage as well as the space for your boat or other outdoor toys!
Windward Ranch offers many extras that similar communities do not- the beautiful large pool, gym & clubhouse are enhanced by the presence of a putt-putt course, pickleball courts & a playground. AND you don't have to travel far for errands as it's down the road from popular shopping venues and only 17 minutes from historic St Augustine & beautiful Vilano beach.
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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