111 ALAGON Way
About This Property
The kitchen & bathrooms have quartz countertops & the home is equipped with a gas stove & tankless gas water heater, thanks to the natural gas community. Enjoy the oversized screened lanai that is perfect for outdoor relaxation & entertaining. Additional features include tile floors in the main living areas & flex room, a water softener, fenced yard & a newly opened amenity center within this gated community. Don't miss this opportunity to own a home that combines luxury, convenience, and style. Close to schools, shopping and downtown St Augustine.
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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 |
|---|---|---|---|
| Oct 21, 2024 | Sold | ||
| Sold | |||
| Sep 24, 2024 | In contract | - | |
| In contract | |||
| Jul 23, 2024 | Price Decreased |
$413,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Jun 27, 2024 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | $414,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | |||
| Sep 15, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017