1885 MOORINGS Circle
About This Property
This is a short sale! You will never find a home this nice for under 1 million dollars. See the sunrise and sunset in the same day from the south bank of Doctors Lake which is part of the St. Johns River, which leads to the Atlantic Ocean . All from your private dock with boat house and lift which is part of this beautiful, old Florida style dream home.
This home features over 9,000 sf of standing seam metal roof, 2,000 sf of covered porches, and 4800 sf of heated and cooled living space, including a huge multipurpose bonus room (movie, play, exercise) above the three car garage. The home has 5 bedrooms and 5.5 baths.
11 foot ceilings throughout the home create an open and spacious feel. 26 speakers professionally installed throughout the home and porches are mounted in the ceiling. 4 separate AC units make the home very energy efficient.
There are 8 French doors leading outside to the front and back porches. 18 elegant columns inside and on the porches add architectural detail.
The home has custom, handmade, distressed wood floors w
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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