409 PESCADO Drive
About This Property
Located just north of historic St. Augustine in one of Northeast Florida's most desirable area. Madeira encompasses over 1,000 acres including 600 acres of unspoiled marsh wetlands, tidal creek, numerous lakes and preserved natural areas laced with ancient live oak and blossoming magnolias.
Imagine living in a community amongst a majestic landscape and amazing nature. Madeira offers first class amenities, secured access, premium home-sites and an unbelievable location near downtown St. Augustine. You are close to the most desirable entertainment, shopping and dining on the First Coast.
Total monthly fee with Builder incentive is $152.41 and includes:
Secured access entry gate
Clubhouse
Fitness center
Swimming Pool
AT&T Cable TV
AT&T internet
AT&T Home Telephone
Gorgeous parks and natural areas
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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