261 MILLERSTONE Drive
About This Property
Don't miss this stunning 3-bedroom, 2-bath home in the highly desirable Silverleaf community. This golf cart-friendly neighborhood features fantastic amenities. Inside, you'll find an open kitchen equipped with stainless steel appliances, a double oven, dual eating bars, and a cozy dining area that flows into the living space. The layout includes split bedrooms and a spacious office area. The master suite boasts a large walk-in closet and a luxurious super shower. Step outside to a vast fenced backyard, perfect for outdoor enjoyment. The community offers multiple water parks, a kids' water park, a dog park, pickleball and tennis courts, and is conveniently located near restaurants, shops, a hospital, a coffee shop, and an ice cream parlor-all within walking distance. Plus, it's part of the highly rated St. Johns school district
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Please note that the tenant is responsible for all utilities. HOA fees, trash and recycling services, and
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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 |
|---|---|---|---|
| Nov 2, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Oct 31, 2024 | Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY | $2,800 | |
| Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY | |||
| Oct 4, 2022 | Sold | ||
| Sold | |||
| Feb 23, 2022 | Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY | $518,990 | |
| Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY | |||
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017