33 CASANOVA Drive
About This Property
The private, winding driveway has an extra space for the boat or RV and leads to the single story house with a new metal roof and welcoming covered front porch. Once inside, you will immediately notice the openness of the main living areas flooded with light, offering gorgeous wood and travertine flooring, vaulted ceilings, and views of the sparkling pool and immense fenced back yard. The smart and elegant kitchen looks out the pool, sunroom, and living room. The master suite is tucked away and has private access to a breezy covered patio. Two more bedrooms and full bath are located on the opposite side of the home. The back yard and pool area is completely open and begging for outdoor games, rambunctious kids and pets.
Ideally situated in the center of everything St. Augustine has to offer. There is so much to do within an easy bike ride! Grab some tacos and locals brews on the way to a concert or the fort. Kids can ride to the skate park or RB Hunt Elementary. Spend a Saturday morning at the weekly farmers market. Or take the boat out, a public boat ramp is less than a mile away. Your perfect active family home is located at 33 Casanova Drive.
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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