707 SEVILLE Parkway
About This Property
Home upgrades feature LVP flooring (installed in May 2022), Kinetico water softener and reverse osmosis drinking water with fountain, pavers in backyard installed in 2021. Complete gutter system installed around entire house with rain barrel. Interior of home was completely repainted with high quality custom paint in 2020. Storm door installed with retractable screen to allow for cross breeze. Attic flooring installed for added storage. Garage flooring surface, higher ceilings in main areas, and security system with external cameras.
Perfect location just minutes to downtown St Augustine, beaches and convenient to I-95. This home is a must-see!
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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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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017