103 MARINE Street
About This Property
Step into a bygone era with this meticulously restored 1906 St. Augustine beauty. Nestled in a coveted bayfront location, this home exudes timeless elegance and offers a lifestyle of luxury and comfort.
Key Features:
Four spacious bedrooms: Each room tells a story, adorned with original sparkling pine flooring that whispers of history.
Modernized kitchen: The heart of the home, where culinary delights come to life. Granite countertops, stainless steel appliances, and ample storage make cooking a joy.
Open living room: Sun-drenched and inviting, the living area seamlessly connects to the wrap-around porches, blurring the lines between indoors and outdoors.
High ceilings: A sense of grandeur pervades every room, creating an airy and open ambiance.
Breathtaking views: Whether you're sipping morning coffee or hosting a soiree, the vistas of the bay will leave you spellbound. Master suites on both floors: Choose your sanctuary each master bedroom boasts generous proportions and walk-in closets.
Bonus room: this versatile space can adapt to your needs a home office, gym, or creative studio.
Second building: A hidden treasure! With 300 feet of heated and cooled livable space, it's perfect for a guest suite, art studio, or home theater.
Outdoor oasis: Dive into the pool, dock your boat, and relish the coastal breeze on the wrap-around porches.
Ideal for Vacation Rentals: Imagine hosting guests in this historic gem. They'll revel in the charm, explore the cobblestone streets, and create memories against the backdrop of the bay.
Don't miss this opportunity to own a piece of St. Augustine's rich heritage. Schedule your private tour today!
Note: All measurements are approximate. Buyer to verify all details.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017