45
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604 WILLOW LAKE Drive
About This Property
Inside, you'll find luxury vinyl plank flooring throughout the main living areas, a formal dining room, and a thoughtfully designed floor plan with room for everyone to spread out. The kitchen features quartz countertops, a large island, gas cooktop, and ample cabinet space, making it as functional as it is beautiful.
The upstairs bonus suite includes its own bedroom, bathroom, and closet, creating the perfect space for guests, multi-generational living, a game room, home gym, or private retreat. Built just six years ago, you'll enjoy the benefits of newer construction, with the roof, HVAC, water heater, appliances, and major systems all approximately six years old. Step outside to the fully fenced backyard and screened lanai, where you can enjoy your morning coffee or unwind in the evening breeze while watching your favorite show on the outdoor TV. This is a home designed for both everyday living and entertaining.
Gran Lake offers an exceptional lifestyle with a community clubhouse, pool, fishing lake, fishing bridge, kayak launch, and brand-new soccer and volleyball facilities. Located within a natural gas community and zoned for highly rated St. Johns County schools, residents enjoy both convenience and recreation right outside their door.
Ideally situated just 15 minutes from local beaches, 20 minutes from historic downtown St. Augustine, and with easy access to I-95, this location makes commuting and exploring everything Northeast Florida has to offer simple and convenient.
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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