0 ARRICOLA Avenue
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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 |
|---|---|---|---|
| Sep 10, 2024 | Listed | $699,000 | |
| Listed | |||
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Build Your Modern Dream Home in Davis Shores - Plans Included & builder ready! This .06-acre lot on Arricola Avenue, nestled in the highly desirable Davis Shores community on Anastasia Island, offers the perfect opportunity to bring your vision to life with included plans for a custom-built, modern home. The design features a two-bedroom, one and a half bath home spanning 1,530 sq. ft., complete with a 480 sq. ft. garage apt. The home is designed to be elevated to 8 feet, ensuring peace of mind and maximizing views of this sought-after coastal neighborhood.This property is zoned CL-2, allowing for short-term rentals, making it a fantastic investment opportunity in addition to being the ideal personal residence. Whether you're looking to build your forever home or generate rental income, this property offers unmatched flexibility. Don't miss out on this rare opportunity to build your custom dream home, with plans and zoning in place for short-term rentals.
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| Mar 2, 2022 | Sold | ||
| Sold | |||
| Jan 12, 2022 | Listed by THE NEWCOMER GROUP | $315,000 | |
| Listed by THE NEWCOMER GROUP | |||
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ONE-OF-A-KIND opportunity to design, build, and create your slice of paradise. Located on Arricola Ave in the heart of the highly sought after neighborhood, Davis Shores. This lot offers a large footprint (75 x 100 parcel) and zoned RG-1 which gives you the flexibility to build a single family dream home, a vacation rental, or even a DUPLEX. To find land with this opportunity is incredibly scarce and is one of the lowest priced lots within the neighborhood. The proximity for this lot is walking distance to all of the amazing restaurants/bars on the blvd, downtown, and the beach is just a short bike ride away. Bring your own builder today!!
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| Aug 18, 2021 | Sold | ||
| Sold | |||
| Mar 1, 2021 | Listed by NON MLS (realMLS) | $249,000 | |
| Listed by NON MLS (realMLS) | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About St. Augustine
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,550 /mo
- 2 Beds
- 2 Baths
- 1,250 ft²
$4,395 /mo
- 4 Beds
- 3 Baths
- 2,142 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017