23 AUGUSTA TRAIL
About This Property
Recent renovations from top to bottom include windows, LVP floors, new refrigerator, cooktop, dishwasher, water filtration system, interior paint, new A/C, new roof, pool pump, updated bathrooms, new plumbing pipes throughout the home and landscaping. The center of this home is the kitchen which features custom cabinetry, oversized island, built-in oven and microwave and cooktop, with connection to the formal dining room on one side and to the Family room on the other side making entertaining easy. The primary suite lives like a private spa featuring a beautifully updated bathroom with a soaking tub and walk-in shower with dual shower heads. There are French doors to the pool allowing you to enjoy the peaceful outdoor views and easy access to the pool. At the other end of the home, you will find a built-in desk and the two guest bedrooms and fully updated bathroom, allowing your Guests to have privacy. Up the stairs, you step in and oversized loft designed with a full bath and a wet bar that can be used as a guest suite, media room, office, hobby area, the possibilities are endless. The City of Palm Coast has been recognized by two national publications for being one of the "7 best places to retire" and among "America's 50 best cities to live in". MONEY magazine, a publication of Time Inc., selected Palm Coast as being "Best for Water Lovers" as part of its retirement feature. The Orlando theme parks are located 90 minutes away, along with the Orlando airport. Jacksonville is an hour away and the Nation's oldest city, St. Augustine is half an hour away. Daytona Beach, home of Daytona International Speedway and Bike Week is half an hour away. Call today for your showing.
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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%.
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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