2241 COMMODORES CLUB Boulevard
About This Property
The master suite has access to the exterior, tray ceilings & boasts a brand new (Oct 2016) master bathroom with large walk-in shower & double vanities.
The Florida room has brand new all season carpet & sliders open up completely to the screened pool. Pool is heated & cooled & with lake veiw. Plenty of patio area for entertaining & making the most of the Florida lifestyle.
Community pool, tennis courts & play area are covered by low HoA fees. Flood Zone AE - Elevation Certificate & survey on file. No damage or flooding during Hurricane Matthew. Minimal power outage experienced.
Just minutes from St Augustine Beach, downtown St Augustine and much more - this house is a true MUST SEE!
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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