0 SPRING Street
About This Property
Having best of all worlds, the property is located just 12 miles to Vilano Beach, 15 miles to Anastasia Island, 8 miles to historical down town, and 2 miles to Pomar Park.
This is an O.R zoning (Open Rural) Allowing for all types of critters.
(Ref. St. Johns County Article II- Zoning Districts and Special Uses)
While the back of the lot is 40% heavily wooded this creates an abundance of privacy.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 11, 2023 | Sold | ||
| Sold | |||
| Jun 5, 2023 | Listed by BRIDGE CITY REAL ESTATE CO. | $198,900 | |
| Listed by BRIDGE CITY REAL ESTATE CO. | |||
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About St. Augustine
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017