704 COACHMAN'S Place
About This Property
At the heart of the home is the spectacular open main living area that includes kitchen, dining and living space. The kitchen is amazing and features custom cabinetry, granite countertops, huge island with gas cooktop and custom lighting
One of the home's most distinctive features is the private multigenerational suite, offering exceptional flexibility for extended family, guests, or independent living. The suite includes two bedrooms, its own kitchen, and a private laundry area, creating a truly self-contained living space while maintaining the connection and convenience of being under one roof.
The home's extensive upgrades continue with data wiring throughout, a tankless water heater, whole-house generator, solar panels, water softener and kitchen filtration, HVAC UV filtration, and a comprehensive security system. These thoughtful improvements provide an exceptional combination of efficiency, reliability, and modern convenience. See documents tab for list of features.
Step outside and discover your own private Florida retreat.The sparkling pool is perfect for these hot summer days and can convert to a giant hot tub with a flip of a switch! The pool also has a swimming jet feature. The fully fenced backyard provides privacy and space to enjoy the outdoors, while the covered lanai creates an inviting setting for relaxing or entertaining. The lanai is also pre-plumbed for a summer kitchen, offering an exciting opportunity to create the ultimate outdoor entertaining area.
The 3-car garage provides abundant parking, storage, and workspace, while the generous floor plan offers plenty of room for both intimate gatherings and larger celebrations.
Located in Governors Plantation, this exceptional property offers the best of the St. Augustine lifestyle--beautiful surroundings, desirable community amenities, and convenient access to the area's historic charm, beaches, shopping, dining, and entertainment.
With its custom construction, luxurious finishes, extensive systems upgrades, private pool, and exceptional multigenerational living arrangement, 704 Coachman's Place is much more than a home--it is a thoughtfully designed Florida lifestyle.
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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%.
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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