49 SAN TELMO Court
About This Property
The kitchen is built for entertaining with its large center island, double oven, gas stove, and stainless steel appliances. The downstairs primary suite features tray ceiling and spacious walk-in closet. With four additional bedrooms plus a separate flex space with French door entry, this layout can accommodate for guests, a home office, and multi-generational living. Out back, the magic really happens. A screened-in lanai opens to your private pool overlooking a tranquil pond--morning coffee hits different when you've got water views and nothing but green spaces to the back of your lanai.
Whether you're hosting weekend gatherings or winding down at sunset, this outdoor space was made to be enjoyed year-round.
Living in Palencia means access to resort-style amenities, beautifully maintained surroundings, and a location convenient to shopping, dining, top-rated schools, and historic St. Augustine.
If you've been waiting for space, water views, and a pool without compromising on location, this one checks every box.
Seller offering a $1k credit with accepted offer to repair master bedroom flooring
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017