720 TORIA Lane
About This Property
Located in the award-winning Palencia community in St. Augustine, Florida, residents enjoy world-class amenities including multiple swimming pools, a state-of-the-art fitness center, tennis and pickleball courts, parks, playgrounds, scenic walking and biking trails, and championship golf (membership optional). Conveniently located near top-rated St. Johns County schools, shopping, dining, historic downtown St. Augustine, and beautiful Northeast Florida beaches, this home offers the perfect blend of luxury, convenience, and lifestyle.
If you've been searching for a single-story home in Palencia, this is your opportunity to experience everything one of St. Augustine's premier golf course communities has to offer.
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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