1791 FERNCREEK Drive
About This Property
pantry and breakfast bar flows into the open dining & living combo showcasing relaxing views of your secluded paradise. Master bedroom ensuite has dedicated entrance to pool. 3 additional bedrooms and second full bath on main floor. Large 5th bonus/bedroom ensuite with walk-in closet and own A/C and heat zone upstairs. New water heater 8/2022, 140k BTU pool heater, pool pump and cartridge filter installed 5/2021, New salt cell and pool control board 2022, NEW ROOF 12/2020, A/C serviced 8/2022. Home wired for generator. Water softener, washer/dryer, office desk w/cabinets and LR wall unit convey. Community amenities for your use includes: clubhouse with full kitchen, beach entry pool with kids zone, numerous dedicated sports courts, ball fields open areas and playgrounds. Opportunities exist for your involvement in community HOA governance and social committees. Enjoy low quarterly HOA dues and no CDD fees. This fantastic home is located along the CR210 corridor in the top ranked St Johns County School District, quick access to I95/9B commuter routes to Jacksonville, points south, area beaches, tourist attractions and military bases. Easy kid/pet friendly walk to amenity center, restaurants, grocery stores and shopping.
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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