225 MARSHSIDE Drive
About This Property
Upon entering you are greeted by a large covered front porch and a beautiful leaded glass door that leads to an entry with 12 foot ceilings. The interior offers a split floor plan, a large kitchen with Corian countertop that is open to the family room, has custom cabinets, gas cooktop, island, and a kitchen nook with miter glass windows to take in the pool and lake views. The family room has a gas fireplace, custom built-ins and cabinets, and floor to ceiling windows to enjoy even more of the views. Additionally there is a formal dining room, living room, office or study, and spacious laundry room. The master bedroom has double trey ceilings, walk in closet, and French doors to the lanai and pool and the master bathroom offers a Jacuzzi tub, separate shower, and double vanities. Throughout the home you will find crown molding, double trey ceilings in most rooms, rounded corners, and beautiful lead glass transom windows.
On the exterior, there is a generous size pool that is screened in, a large covered lanai, a new roof in November 2015, a side entry oversized 2 car garage, and termite bond with Florida Pest Control.
Located in the community of Marsh Creek Golf and Country Club where club membership is optional. The community offers low association fees, 24 hour manned gated entrances, and the home is a quick drive to the beach, shopping, and downtown St. Augustine.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 13, 2022 | Sold | ||
| Sold | |||
| May 30, 2022 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $1,375,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| Nov 1, 2016 | Sold | ||
| Sold | |||
| Jul 20, 2016 | Sold | ||
| Sold | |||
| Dec 14, 2015 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $650,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017