272 OCEAN JASPER Drive
About This Property
Only 5-7 mins from Crescent Beach,
This brand new concrete block construction home was built by Maronda Homes, a spacious (2471 sq. ft.) home on an oversized lot. It has a wonderful open concept layout which features 4 bedrooms and 3 bathrooms. a rear screened lanai with a two car garage and an added sink inside, hookups for water softener as well as a bonus area for added storage and usability. This home also comes with all the amenities you could ever want a separate office with French doors, crown molding and tile flooring throughout, recessed lighting, quartz kitchen and bathroom countertops, upgraded kitchen cabinets, large kitchen island , glass backsplash, black stainless steel appliance package and much more! Near 2 state parks and only 20 minutes from Downtown St. Augustine. Great St. Johns County schools along with no CDD and low HOA fees. This home won't last long, come see for yourself!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017