29 RIVERSTONE Drive
About This Property
The gourmet kitchen boasts an island breakfast bar, white stacked shaker cabinetry, quartz countertops, black stainless appliances & a gas cooktop with pot filler above.
Flooded with natural light the spacious living room showcases a shiplap accent wall
& rolling glass barn doors open to reveal an additional bonus room. Collapsing slider doors open out to a covered screened lanai complete with a heated pool, spa & fire table. The cabana bath offers easy access off of the pool area. You'll find designer details throughout like engineered hardwood flooring, 8' doors, smooth walls, decorative paneling, shiplap, designer lighting & landscape lighting, just to name a few.
There's a walk-in laundry room with a butcher block folding counter, upper cabinetry & space for a spare refrigerator plus a drop zone leading out to the garage.
The spacious master suite overlooks the pool through a wall of windows & the master bath finds split vanities, a frameless glass walk-in shower, freestanding tub & his & hers walk-in custom closets.
Built by Mastercraft Builders in 2020 this home has been meticulously maintained & is situated on a spacious, fully fenced corner lot. The 3 car garage is complete with epoxy flooring, cabinetry lined wall, overhead storage racks, a workbench, even a dog run w/ access to the side yard.
Located in Trailmark, residents enjoy a resort style pool, fitness center, hiking and biking trails, basketball courts, pickle ball courts, a lakeside pavilion & kayak launch complete w/ rentals. You're zoned for A-rated St. Johns County Schools & are conveniently located only minutes from shops & restaurants with easy access to the interstate.
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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%.
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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 World Golf Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017