973 SALZEDO Avenue
About This Property
St. Augustine Shores is one of St. Augustine's most beloved neighborhoods, boasting canopies of mature trees, green spaces, walking and biking trails, playgrounds, an A-rated school zone, and easy access to shopping, restaurants, parks, beaches, and I-95.
The low HOA fee of $30.90 per month includes maintenance of common areas, and residents have the option to enjoy additional amenities through St. Augustine Shores and Riverview Club for additional fees. This property is located in Flood Zone X, which does not require flood insurance. Be sure to view the 3D walk-through virtual tour and schedule your showing today!
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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