8195 COUNTY ROAD 208
About This Property
Inside, you'll find quality construction with 2x6 framing, Hardy Board siding, and 10' ceilings throughout. The open floor plan is highlighted by a large stone wood burning fireplace, sound-deadening wood laminate flooring, and a bright kitchen with granite countertops, custom soft-close cabinetry, and stainless steel appliances including a gas cooktop. The spacious primary suite boasts a granite double vanity, walk-in shower, garden tub, and walk-in closet. Additional highlights include a split-zone AC with UV light, Generac standby generator, commercial-grade water softener, and a full security system with cameras.
Relax and entertain outdoors with a 500+ sq. ft. screened back porch with hot tub, a covered front porch, and a pavilion by the pond complete with electric, ceiling fans, brick paver patio, and fire pit. The property also includes a 3-bay pole barn with water and electric, a 40x30 insulated metal building with 200-amp service, three additional sheds, a fenced garden with drip irrigation, and a large fenced backyard. A stocked pond with bass and brim features a fountain, palm tree landscaping, and spotlighting, creating a picturesque setting.
With an electric gated entry, a 700' asphalt-milled driveway, buried propane tank, RV-ready setup, and utility connections throughout, this property offers a rare combinations of space, privacy, and modern convenience all within St. Johns county's top rated school district and just minutes from I-95, shopping, dining, and historic downtown St. Augustine.
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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