273 WHISPER RIDGE DRIVE
About This Property
Step outside to your own backyard retreat with a screened lanai, 8-foot deep chlorine pool, irrigation well, and lush landscaping including avocado and Meyer lemon trees. Major updates provide peace of mind, including a 2022 roof, 2026 water heater, 2024 water softener with charcoal filtration, and paid-off solar panels that heat the pool. Located in the highly sought-after St. Johns County School District with easy access to I-95, shopping, dining, and just minutes to historic St. Augustine and the beaches, this move-in ready home offers the perfect blend of comfort, privacy, and Florida lifestyle living.
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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