416 OCEAN GROVE CIRCLE Circle
About This Property
This spacious home features 5 bedrooms, 3.5 bathrooms, and over 3,300 square feet of beautifully designed living space. A large wraparound porch invites ocean breezes and outdoor living, while the interior showcases Santos mahogany hardwood floors, a cozy fireplace, and a thoughtfully designed open floor plan ideal for entertaining or everyday living.
Upstairs, a charming sitting area leads to a birds-nest porch where you can take in tranquil ocean views - the perfect place for morning coffee or evening sunsets.
Whether you're looking for a primary residence or vacation home, this Sea Colony gem offers an unmatched beachside experience in a private, serene setting.
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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 Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017