1977 WEB FOOT Place
About This Property
This all brick beauty is framed by majestic oaks on a large cul de sac lot offering a deep front yard & spacious back yard. You'll enjoy the peace & quiet with privacy. There have been many renovations & updates over the past few years offering this home in move-in condition. It's located in northern St. Johns county in the prestigious neighborhood of ''Cunningham Creek Estates.'' (Roof 2015; AC 2022; water heater 2022; rain gutters with screeens 2022; alarm system 2020; Full yard sprinklers; new double pane windows & doors 2020; carpet in bedrms 2021. Rm for a pool, room addition, vegetable garden, etc. See attached addendum for updates, survey, cov. & restrictions & Sellers' Property Disclosure.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017