515 OLD HICKORY FOREST Road
About This Property
This home features Tile floors and an open concept floorpan and a gourmet kitchen . The gourmet Kitchen offers double ovens and level 5 cabinets and granite as well. The mother in law suite features a kitchenette and separate private living room area. The master bedroom has amazing views of the lake and features a triple tray ceiling. The home has a Luxurious Master Bath with a walk in closet and features raised vanities with double sinks, a Garden Tub and a Frameless Shower. The Covered Rear Screened in Lanai area makes entertaining in the backyard a dream with the spectacular lake views. Located just minutes away from the upscale shops of the St. Augustine Outlet mall and downtown St Augustine Augustine
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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