66 RIDGEWAY Road N
About This Property
purchase now, with a builder lease back. STUNNING, dramatic and with all of the upgrades you would expect from a builder's model. Ship lap, beautiful wood floors, quartz, clerestory windows, soaring fireplace, large kitchen, open concept and so much more. This is the last new neighborhood to be built on the island. Located in St. Augustine Beach, walk to the non-driving beach, local shops and restaurants. Located in RB Hunt school district.
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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