470 CHANDLER Drive
About This Property
Nestled along a scenic historic road winding along the St. Johns River, this like-new 3-bedroom, 2-bathroom home was built in 2020 and offers modern comfort in a charming setting. Enjoy world-class amenities, including parks, trails, and vibrant community events bring your golf cart for Food Truck Fridays and more! Step inside to an open-concept design that provides ample living space, perfect for entertaining. The expansive kitchen is a chef's dream, featuring white cabinetry, granite countertops, and stainless steel appliances. A large island and substantial counter space make meal prep and gatherings a breeze. The kitchen seamlessly overlooks the living and dining areas, which open to a lanai, the perfect spot to unwind and enjoy the peaceful preserve views. The primary suite is a true retreat, boasting two walk-in closets, a dual-vanity bath, and a separate walk-in shower. A flex room offers versatility! Use it as a home office, playroom, or den. Need more space? For growing families, the flex room can easily be converted into a fourth bedroom.
Beyond the home, RiverTown offers three resort-style amenity centers designed for recreation and relaxation. Take a dip in the zero-entry riverfront pool, challenge friends to a game of pickleball, or float along the lazy river. Thrill-seekers will love the zip line, while nature lovers can explore scenic trails and parks. With endless activities, there's something for everyone!
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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