70 BALMORAL CASTLE Drive
About This Property
The open-concept floor plan centers around a spacious great room and oversized island kitchen with gas cooking, walk-in pantry, and solid surface countertops, perfect for entertaining. Step outside to a large screened patio overlooking the fenced backyard and water view, creating a private outdoor retreat.
Located in the amenity-rich Aberdeen community, residents enjoy a clubhouse, fitness center, sports fields, playgrounds, and top-rated St. Johns County schools.
A rare opportunity to own a flexible, waterfront home in one of St. Johns County's most sought-after
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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