202 MONTSERRAT Drive
About This Property
Step inside to find the sophistication of Crown Molding, the timeless charm of Plantation Shutters, and the warmth of Ceramic wood-like tile flooring. The kitchen boasts of quartz countertops, stainless steel appliances, a walk-in pantry, and a centrally positioned island complete with a convenient sink. The artistry of the fairly new backsplash adds a touch of sophistication to your culinary adventures. The owner's suite is nothing short of a retreat, featuring His & Hers vanity sinks, a blissful bathtub with a separate shower for your daily refreshment, and custom His & Hers closet organizers. Plus, the third bedroom is a private haven with its own ensuite, perfect for guests or a growing family. The 2 car garage features a gleaming epoxy flooring and efficiently placed storage racks/cabinets.
Discover serenity and scenic beauty in the inviting paver screened-in patio. With the screened walls providing shelter and a gentle breeze, this patio is a true sanctuary from breezy summer days to crisp autumn evenings.
Beyond your doorstep, Windward Ranch offers resort-style amenities that will keep you entertained year-round. No CDD fees! In just a short 5-minute drive, you'll find the St. Augustine Outlets, inviting you to indulge in shopping adventures. And if you're in the mood for history and contemporary delights, downtown St. Augustine is just 25 minutes away, providing a blend of past and present pleasures.
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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