524 PENINSULA Court
About This Property
Enjoy this solid 3/2 concrete block/stucco home with beautiful lake front views,
relax on the climate controlled lanai, rest by the fire in the large open living space with vaulted ceiling Tile floors for easy Florida living.
Home was custom built with added square footage, new impact windows, water treatment system in a charming community with pool, tennis, playground and gathering space. Close to the white sand beaches St Augustine is known for, shopping, restaurants and the historic district. It's the perfect spot!
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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