259 SAINT VINCENT Drive
About This Property
The chef's kitchen boasts quartz countertops, stainless steel appliances, a natural gas cooktop, double ovens and a generous center island that anchors the heart of the home.
Enjoy morning coffee in the screened lanai backing up to a private, peaceful wooded oasis. Community perks? Enjoy access to a variety of amenities, including a zero entry, resort style pool, featuring cabanas and a cafe for snacks/drinks.
A top notch fitness center, including pickle ball courts, basketball court, mini golf, and golf cart parking,all with no CDD fees. Plus, you're just minutes from I-95, premier shopping, beaches, and top-rated St. Johns County schools.
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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