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469 Chocolate Hole, St John, VI 00830

$3,995,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 8,220 Lot Size (sq. ft.): 62,726 Status: Active
Current Price: $3,995,000 List Date: 10/23/2023 Last Modified: 3/25/2024

Description

The top revenue generating two-bedroom villas on all of St. John. A net annual income of over $450,000 with 14 years of documented rental income proof. Why own one villa when you can have two, allowing you two months or more of tax-free vacations while enjoying huge tax and depreciation benefits. Sleep at night knowing in the morning you made more than a $1,000 of guaranteed rental income while you slept!

Supplements: Bordo Mare and Sopra Mare are rated as the top two-bedroom villas on the island based on spendable income, also considering location and amenities. 40% of all annual rentals are returning guests coming year after year. A proven professional website: mulleysstjohnvillas.com plus a highly successful monthly newsletter with over 4,000 loyal subscribers both generating solid rental leads each month. Villas are situated on a oceanfront 1.4 acres site. The smell of salt air and gentle rhythmic waves lap 100 ft below while you enjoy totally unobstructed ocean views. When darkness descends - sit upon your expansive deck, listening to the island sounds, enjoying a glass of wine as cruise ships with twinkling lights slowly parade across your horizon. These modern villas possess every amenity - located in the quiet serene upscale neighborhood of Chocolate Hole only five minutes from central Cruz Bay.

More Information MLS# 23-294

Contract Information

Current Price: $3,995,000 Status: Active Book Section: Residential Realtor.com Type: Residential - Single Family List Date: 2023-10-22 List Price: $3,995,000 Financing: Cash Assoc. Fee: 120 Assoc. Year: 2023 Road Assessment $: 500 Road Assessment Year: 2023 Insurance: Available Bank Owned: No 3rd Party Approval Required: No

Location, Legal, and Tax Information

Parcel Number: 469 Estate: Chocolate Hole Quarter: Cruz Bay Island: St John Country: US State/Province: VI Postal Code: 00830 Subdivision: Chocolate Hole Easements: Of Record Access: Paved Zoning: R-2Residential Restrictions: CCRs HOA Dues: Annually

General Property Description

Total Bedrooms: 4 Total Half Baths: 2 Total Bathrooms: 5 Sq Ft Enclosed (+/-): 5600 Sq Ft Deck (+/-): 2620 Total SqFt. (+/-): 8220 Waterfront: Y Pool: Yes Hot Tub/Spa: No Year Built: 2014 Lot Size In Acreage: 1.44 Lot Size In SqFt: 62726 Hurricane Damaged Property: No

House/Apt

Bedrooms: Safe Room

Addl Construction

Builder: Mullen/Stronghouse Foundation: Masonry Grade: Steep

Appliances

# of Units: 6

Cistern

Capacity +/- (gal.): 10,000 + 20,000

Property Features

Condition: Very Good Sewer: Waste Treatment Construction: Masonry Roof: Galvanized Landscaping: Professional View: Caribbean; East/sunrise; Panoramic; South Shore; St. Croix; St. Thomas; West/sunset Furnished: Yes Appliances: Dishwasher; Dryer; Refrigerator; Stove; Washer Cistern: Masonry Possession: Buyer Honor Rntl Res
Listing Office: Holiday Homes of St. John
469 Chocolate Hole, St John, VI 00830- MLS# 23-294
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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