42 TORCIDO Boulevard
About This Property
This Fabulous 3 Bedroom, 2 1/2 Bath with Den/Office is on a Cul-de-sac across from a Preserve and Close to all the Amenities that Palencia has to offer! Facilities: 3 Pools-Heated Lap Pool, Adult Only Pool and a Family Pool with Slide and Kiddie Splash Pad. 10 Har-Tru Tennis Courts with Lights and a Tennis Club with a Staff of Coaches & Programs. Pickleball Courts too! 13 Parks or Playgrounds, 20 miles of Bike and Hiking Paths, Plus an intra-coastal Boardwalk. Miniature Golf Course, Dog Park. The Fitness Center has a variety of classes from beginner to difficult. Palencia is a Golf Cart Master Planned Community with a private Arthur Hill Golf Course and Golf Clubhouse for Members. It's located 10 minutes from Historic Downtown St Augustine and 15 minutes to the Beach. LIVE LIKE YOU ARE ON VACATION!
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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