441 ALTARA Drive
About This Property
Welcome to this beautifully updated home located in the desirable St. Augustine Shores community. This 2-bedroom, 2-bath residence features an open-concept layout and boasts nearly all of the big-ticket updates already completed.
Enjoy peace of mind with a newer roof, updated HVAC system, a modernized kitchen, and wood-look tile flooring that brings warmth and durability to the space. The open floor plan offers great flow for both everyday living and entertaining.
Step outside to your fully fenced backyard, ideal for pets, gardening, or weekend gatherings.
Living in St. Augustine Shores also means access to fantastic community amenities, including a clubhouse, sparkling community pool, golf course, park, playground, walking trails, and scenic views along the Intracoastal. Whether you're staying active or simply unwinding, there's something for everyone. All of this just minutes from historic downtown St. Augustine, where you'll enjoy renowned dining, shopping, culture, and world-class beaches.
Don't miss your chance to own a beautifully updated home in one of the area's most established and amenity-rich communities!
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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 Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017