305 WESTCOTT Parkway
About This Property
The bonus area upstairs features another spacious and private en suite perfect for guests, teens, or anyone seeking a private and secluded space of their own.
Outside, prepare to be impressed by the enormous covered living space and lanai boasting an impressive heated, saltwater pool with screen enclosure and uninterrupted views of the community lake and spectacular sunset views. The placement of this home on the huge lot offers unparalleled privacy and indescribable views you won't want to miss.
Markland is a quaint, friendly- and highly sought-after gated community conveniently located just minutes East of I95 with easy access to both Jacksonville and St. Augustine. Resort style amenities include a fitness center, zero-entry leisure pool, lap lanes, cabanas, kayak launch, floating dock, fire pit, pockets parks, dog park, basketball/ tennis/ pickleball courts, a playground and event space at the Manor House. Residents enjoy frequent social events and a true community feel. Shopping at the Durbin Town Center is just 15 mins north on I95, and historic St. Augustine, including local restaurants, shopping and beach access, is a quick 20 mins South via US1. The World Golf Village area itself also features multiple grocery stores, restaurants, a new Costco and other conveniences within 5-10 min. This growing and upscale area is a great place to live and call home!
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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 |
|---|---|---|---|
| Sep 9, 2022 | Sold | ||
| Sold | |||
| May 9, 2022 | Listed by MOMENTUM REALTY | $1,225,000 | |
| Listed by MOMENTUM REALTY | |||
| Aug 11, 2020 | Sold | ||
| Sold | |||
| Jun 25, 2018 | Listed by PROVIDENCE REALTY, LLC | $634,900 | |
| Listed by PROVIDENCE REALTY, LLC | |||
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New Providence Homes 100% ENERGY STAR® Certified Collier plan. Features 4 Bdrms, 3 baths, plus a bonus room or 5th bedroom and full bath upstairs, 3,735 Sqft on a large homesite overlooking the lake. The open concept executive chef kitchen, family and dining space with easy access to the covered patio offers plenty of options for the entire family. 3 car courtyard garage with pavered driveway. Smooth wall finish, crown molding in main living areas, hard wood flooring throughout except for carpet in bedrooms and tile in baths/laundry. Home currently being used a model and will be available for an August closing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017