86 GRANITE Avenue
About This Property
This almost new home boasts a spacious kitchen with a huge island, farmhouse sink, quartz countertops and double stacker sliders to your screened lanai, fully fenced backyard and a gorgeous preserve view. The open floor plan with lots of natural light and a large living and dining area adjacent to the kitchen, is perfect for entertaining family and friends. The large primary suite offers a walk-in custom designed closet, double sinks and an oversized shower. Open split bedrooms and baths with one large suite upstairs offers plenty of room for hosting guests with lots of privacy.
This home is a year old, and the owners have added many upgrades such as gutters, a fence, pull down shades on the lanai, racks in the garage, tile in the primary bedroom, paint, and custom closets. Please refer to the list of features, the Destin II floorplan and the Site Map attached on MLS.
This neighborhood has no CDD fees and low HOA fees. It's close to A-Rated schools, supermarkets, movie theatre, shopping, Flagler Hospital, and I-95. Historic St. Augustine downtown, the Beaches and the Amphitheatre for concerts are just a 10 to 15 minutes
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 14, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2023 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $599,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| Apr 5, 2022 | Sold | ||
| Sold | |||
| Dec 5, 2021 | No longer available | - | |
| No longer available | |||
| Oct 1, 2021 | Price Increased |
$517,990
↑ $4K
(0.8%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017