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493 PORTA ROSA Circle
About This Property
Beautifully crafted, water front home offers breath taking views of Florida skies. Gourmet kitchen equipped w/ range hood & double oven, massive screened in lanai, grilling area & outdoor wood fireplace makes for effortless entertaining. Built in speaker system, high ceilings w/ crown molding through main living, gas log fireplace w/ gorgeous wood mantle, traditional wrought iron staircase. Tile & wood floors as well as granite counters. Master bedroom includes double french doors, walk in closet and tray ceiling. Garden tub and separate two person shower are main focal points in master bath along with his and her vanities. Top rated school district and centrally located. Beaches, shopping, dining and historic downtown, St. Augustine within minutes. State of the art amenitie amenitie
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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