727 COPPERHEAD Circle
About This Property
Life at The Cascades is resort-style living at its finest, with access to indoor and outdoor pools, tennis and pickleball courts, bocce ball, shuffleboard, a state-of-the-art fitness center, billiards, card rooms, arts and crafts studio, library, ballroom, and a full calendar of social events led by an on-site Activities Director. With no CDD fees and a low $400/month HOA that includes full exterior lawn maintenance, irrigation system, and irrigation water, this home offers truly stress-free, high-quality living. Ideally located just minutes from Historic Downtown St. Augustine, beautiful beaches, top-rated restaurants, and great shopping, this home combines the best of peaceful living with unbeatable convenience. Don't miss your chance to own this bright, waterfront gem in one of Northeast Florida's most desirable 55+ communities. The kitchen chandelier does not convey.
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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