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111 SWALLOW Road
About This Property
Outside, the property continues to offer the kind of freedom and flexibility that is becoming increasingly difficult to find in St. Augustine. The fully fenced backyard provides privacy and room to relax, entertain, or store recreational equipment with ease. A large gazebo creates the perfect outdoor gathering space, while the covered carport area and backyard shed add valuable functionality and storage. With no HOA or CDD restrictions, there's room for your boat, trailer, tools, or recreational vehicles without the limitations of a heavily restricted community. Adding to the appeal, residents enjoy access to two nearby neighborhood boat ramps, making it easy to enjoy boating, fishing, and everything coastal Florida living has to offer.
Perfectly positioned near local restaurants, parks, schools, major commuter routes, beautiful beaches, and the charm of historic downtown St. Augustine, this home offers the ideal balance of convenience and laid-back living. Whether you're searching for a primary residence, an investment opportunity, or a flexible property with room to grow alongside your needs, this home presents an exceptional opportunity in a location people continue to love calling home. Schedule your private showing today!
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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 |
|---|---|---|---|
| May 27, 2026 | Price Decreased |
$425,000
↓ $25K
(5.6%) | |
| Price Decreased | |||
| May 14, 2026 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | $450,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | |||
| Jul 15, 2021 | Sold | ||
| Sold | |||
Property Highlights
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About St. Augustine South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017