396 MEADOW RIDGE Drive
About This Property
Featuring lap siding, stylish laminate flooring, and an open-concept layout, this home is both functional and inviting. The current owners have added thoughtful custom touches throughout, including built-in bunk beds that create a fun and practical space for children or guests.
Step outside to enjoy the fully fenced backyard, complete with a garden and chicken coop--perfect for those seeking a little homestead charm while still enjoying the conveniences of suburban living.
Located in desirable St. Johns County with access to top-rated schools, shopping, dining, and major commuter routes, this move-in-ready home offers the perfect blend of modern construction, thoughtful upgrades, and everyday comfort.
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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.
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017