282 OCEAN JASPER Drive
About This Property
backsplash, Bosch dishwasher. Great room w/ Smart wiring & extra blocking for a mounted TV, floor plug, raised height toilets & vanities in baths, tiled shower w/Listello band. **Owner's bedroom with trey ceiling & CUSTOM built-in walk in closet! Note: FEMA modified this property to flood zone X which only has an annual flood risk between 1% and 0.2%! Patio door has a remote controlled blind! Dimmer switches throughout, pavered driveway w/a full 3 car garage & keypad entry. Floored attic w/ pull down stairs in garage, wire shelving, utility sink, water softener loop. Cabinets in laundry room. Gutters, separate WELL for irrigation to save you $$$ on your water bill! The screened in lanai beckons you for morning coffee and bird watching. Wonderful location close to Historical St. Augustine, major roadways and only 7 minutes to beautiful Crescent Beach! Don't miss this one!!!
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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