10 LAKE SHORE Drive
About This Property
lot is between 16th Street and Pope Road and close to everything in St Augustine Beach. Possibilities for your dream home
are endless here on this extra large footprint. The Woodland neighborhood is charming, quiet and boasts some of the best
trees around. County water and sewer are available. Setbacks are 7.5' on the sides and 20' front and rear. Max lot coverage is
35% This is a must see lot in St Augustine Beach. It's hard to find lots this size in well established neighborhoods with no HOA.
Lake Shore is a beautiful street and the Woodland neighborhood has a lot to offer. This lot can easily accommodate a large
one story home or you can build up and have your dream compound. Lots to like here
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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 |
|---|---|---|---|
| Jul 14, 2017 | Sold | ||
| Sold | |||
| May 2, 2017 | Listed by ENDLESS SUMMER REALTY | $179,000 | |
| Listed by ENDLESS SUMMER REALTY | |||
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About St. Augustine Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017