228 THISTLETON Way
About This Property
Welcome to this immaculate newer-construction home offering modern finishes, thoughtful upgrades, and effortless living in one of St. Johns County's most sought-after communities. This property features tile flooring throughout, a freshly painted interior, and a premium polyaspartic garage floor coating that adds both durability and style.
The bright, open kitchen includes stainless steel appliances, quartz countertops, and a clean, contemporary design perfect for everyday living and entertaining. A new sliding glass door leads to the brand-new paver patio, creating a seamless indoor-outdoor flow ideal for relaxing or hosting guests.
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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.
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017