75 CODMAN Drive
About This Property
The kitchen is a standout with its tall wood cabinetry, gleaming granite countertops, stainless steel appliances, pantry, and breakfast bara€''perfect for casual dining. The dining room sits adjacent to the kitchen, ideal for entertaining. The open-concept living area flows effortlessly and extends to the covered lanai through sliding glass doors, creating a seamless indoor-outdoor living experience.
The primary suite offers a relaxing retreat, featuring a tray ceiling, walk-in closet, dual vanities, and a spacious shower. The two additional bedrooms are thoughtfully separated from the primary suite and share a full guest bathroom.
Step outside to the expansive backyard your own private oasis. The yard is fully fenced and there's plenty of space to add a pool. In addition to the covered back porch, there's a large 20x22 concrete patio. This provides the perfect spot to BBQ, relax, and host family and friends.
Living in San Salito means more than just a beautiful homeit's a vibrant lifestyle. Enjoy no CDD fees and easy access to I-95, historic downtown St. Augustine, and Vilano Beach. The community boasts resort-style amenities including a large pool with a splash zone, modern clubhouse, fitness center, tennis and pickle ball courts, and a playground.
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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