9216 JULY Lane
About This Property
veranda & pool & spa. 2nd level has huge great room w/gas fireplace, custom island kitchen w/white shaker cabinets, granite tops LG suite of appliances,
large master suite w/ spa style bath, separate office & half bath. Access to large screened oceanview porch from living & master. Bamboo wood floors
through. Fully fenced yard overlooks pond & ocean. Summer Island is a gated coastal community just 18 min to the historic sites of St. Augustine. It is nestled between the ocean & Intracoastal w/clubhouse, pool, tennis, playground, comm fishing dock & boat ramp suitable for smaller boat or jet ski launch. Summer Haven non-driving beach is a short w w
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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