1860 S CAPPERO Drive
About This Property
Primary bedroom has a vaulted ceiling, elegant bookshelf built-ins with a window seat nook overlooking the refuge in the backyard and an en suite bath with 2 large walk-in closets. Bedrooms 2 & 3 have more beautiful woodwork along some walls, several closets and an adjoining (redone) bath. Even the nearby laundry room tile is stunning. 4th bedroom has view of backyard and is across the hall from a full bath with glistening contemporary tile (doubles as pool bath).
Attached 2 car garage, accessed just down the hall provides plenty of storage. If you exit just past the laundry room you'll find a covered walkway leading to a bonus space with a SEPARATE ENTRY surrounded by enormous amounts of pavers and privacy! This space is currently being used as an office but it could function also as a separate workout room, studio or bedroom. The backyard of this home offers the full package: big size, full fence, massive salt water pool (with new chlorinator), spa with water feature, privacy trees and hedges, plenty of green space for sports and games, tons of sprawling pretty pavers with several lounging zones (even in the pool!), and a retractable awning to keep cool during hot Summer evenings out back.
St Johns County has the best schools in Florida and is the fastest growing area for good reason. The Murabella community offers the peak convenience experience being just outside of a main shopping center (think 2 minutes to the grocery store), is a stone's throw from major roads for easy access to the city or the beach. Yet it still feels like the ultimate resort for all ages. The community pool with its whimsical water features, playground, soccer field, tennis & pickle ball courts, fitness and clubhouse facilities, sidewalks & paths make it like an all inclusive paradise.
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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%.
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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 World Golf Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017