771 CYPRESS CROSSING Trail
About This Property
Inside, you'll find a bright and open layout filled with natural light, soaring ceilings, custom details, and freshly painted built-ins that add warmth and character throughout the home. The gourmet kitchen serves as the centerpiece, featuring new stainless steel appliances including a dishwasher, range, and microwave (2025), abundant cabinetry, a large prep island, and inviting spaces to gather with family and friends.
The expansive living areas flow seamlessly to your own private outdoor oasis complete with a stunning screened pool and spa surrounded by beautiful travertine decking -- creating the perfect setting for relaxing evenings or weekend entertaining. Recent improvements provide peace of mind, including a new pool pump (2025), roof replacement in 2019, new AC (2026), and termite bond already in place.
Additional highlights include spacious bedrooms, flexible bonus living space, elegant architectural details, and a serene preserve backdrop offering both privacy and tranquility. Located in one of St. Augustine's premier golf course communities, residents enjoy access to exceptional amenities, top-rated schools, walking trails, dining, shopping, and convenient access to historic downtown and the beaches.
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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