83 TORTOLA Way
About This Property
Residents of Beachwalk enjoy access to Northeast Florida's first 14-acre Crystal Lagoon, complete with a white sand beach, swim-up restaurant and bar, kayaking, paddleboarding, sailing, water slides, and more. Community amenities also include a modern 24-hour fitness center with a yoga studio and weight training equipment, a kids' activity room, six Har-Tru tennis courts, an 18-hole TPC-style putting green, a dog play park, and golf cart-friendly streets. Located in the top-rated St. Johns County School District, with Florida's best "A" ratings, this is luxury, location, and lifestyle all in one. Don't miss your chance to live the Beachwalk dream!
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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