4571 EDEN BAY Drive
About This Property
Large bedroom and full bath with screened patio on ground floor, master suite and additional bedrooms on 2nd floor, living/entertaining area on 3rd floor for maximum views and wired for surround sound on 1st & 3rd floors!
Gated private beach access directly across Coastal Highway. This small seaside community in the Vilano Beach area may be your dream come true! Close to Serenata Beach Club, Vilano Town Center, public boat ramps, historic downtown St Augustine, and an easy commute to Ponte Vedra and Jacksonville. Whether it be strolling the beach, surfing, fishing, boating, or enjoying one of the many local restaurants, the laid back lifestyle is hard to beat!
Short term rentals are allowed in this area when registered with St. Johns County.
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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