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409 LOBELIA Road
About This Property
Inside, this home is anything but cookie-cutter! The inviting open-concept design showcases heart pine butcher block countertops, a tile backsplash, breakfast bar seating, a newer refrigerator, an upgraded sink, and a seamless flow for effortless living. The spacious primary suite feels like a private retreat, complete with an ensuite bath and dual sinks. A versatile fourth bedroom offers flexibility for a home office, guest suite, nursery, or even multi-generational living.
Step outside to your own private backyard paradise, where expansive space and multiple outdoor living areas invite you to relax, entertain, and savor Florida living at its best. The generous .28acre yard provides room for pets, play, and a future pool, while multiple decks, a screened porch with bar area, and a jasmine-covered pergola create the perfect backdrop for grilling, chilling, and enjoying the outdoors. A raised garden bed is ready for whatever you love to grow.
Enjoy a prime location just minutes from St. Augustine Beach and Historic Downtown St. Augustine, with convenient access to shopping, dining, medical facilities, and top-rated St. Johns County schools. Whether you're searching for a primary residence, vacation home, or investment opportunity, this move-in ready property offers exceptional flexibility with short-term rentals allowed.
Looking for space, privacy, and effortless Florida living? Welcome home to 409 Lobelia Road!
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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. Augustine South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017