309 ISLAND LANDING Drive
About This Property
Huge attic area with possibility to add living space or use as additional Storage
Mosquito Mister in backyard
Hard wired Security cameras
Security LED lights, Timer
Rain sensor sprinkler system
Rain Gutters
Wireless Chamberlain Wifi garage opener
Yale lock for keyless entry
Custom garage storage and work bench, built 15 bin storage rack on wheels
120 plug ready for hot tub
New Paint, landscaping
Top Tier St Johns County Schools
Community pool & playground access This beautiful home boasts an excellent location! Close proximity to charming downtown St Augustine area, the I-95, or Jacksonville.
Top Tier Schools- Palencia Elementary, Sebastian Middle and Nease High School, O2B pre school (down the street)
Being a waterfront home, this is an oasis of the coastal lifestyle:
Expansive Intercoastal Views
Atlantic Ocean Access via Salt Marsh and ICW
Kayaking, Paddlebaording, Canoe-ing, Fishing - ALL from your backyard
Moor your boat on your own buildable dock
Nature watch_turtles, fiddler crabs, manatees, otters, lots of fish and even DOLPHINS
Bird-watcher's Paradise - often spotted pelicans, Rosetta spoonbills, Osprey, bald eagle, split tail kite, Herron, Egrets, Marsh hens, hummingbirds, cranes, Ibis, blue jays, cardinals & migrating birds
Soak in the Salt breeze
Milkweed & monarch butterflies
Build your own pool in the enormous backyard, or a fire pit or an outdoor kitchen or all of them! There's lots of room to let your imagination run!
Preparedness Efforts:
The current owners have invested in making this home safe and have gone above and beyond with hurricane preparedness:
Surge protector installed
Generator Ready
Hurricane straps in roof
Brand new garage door springs and cables
Community maintains a large pool and also a playground for children.
Buyers or buyers agents to verify all data, sellers or listing agents are not responsible for accuracy of data
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Cap Rate Calculator
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