112 Drake ROAD
About This Property
Honey, Stop the car !! LOCATION! LOCATION! LOCATION! The moment you have been waiting for . . . . . Inventory in St Augustine South!!
I knew that we would meet, that is because I am just what you are looking for. 2 blocks from the Matanzas River and local boat ramp, bring the toys!!! Lets go peek at the house though... we can come back out here. As you enter you see the modern beauty. A full interior MAKEOVER! From the floors, to the hand placed luxury subway tiles, down to the oversize base for your benefit. Open concept.. just what you're looking for. Eat in space in the kitchen, Granite tops, stainless steel appliances, to the private laundry room with smart stackable washer & dryer. It is all waiting here for YOU! Living room combo right off the kitchen.. perfect after those yummy dinners. Bonus room up front which I think is perfect for an office or additional bedroom. Through the hall to all your new bedrooms. Floors to fans it is done for you! Great sized closets... and a fully remodeled full guest bath. New toilets, vanities, floors, all of it. Your guest and family are going to love it.. Into the master, secluded entry across from the other bedrooms for some privacy. Just bring your furniture and plenty clothes because there is closet space !!! Out back we are all fenced in with a screened in porch to avoid those bugs here in the Sunshine State. Guys I am priced to sell and I hope you see my true beauty. I will not last long.. and remember I am miles away from the water.. HELLO BOAT LIFE! COME SEE ME .. I CAN NOT WAIT TO MEET YOU
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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 |
|---|---|---|---|
| Nov 30, 2021 | Sold | ||
| Sold | |||
| Sep 21, 2021 | Listed by MCBRIDE REALTY GROUP LLC | $350,000 | |
| Listed by MCBRIDE REALTY GROUP LLC | |||
| Mar 1, 2021 | Sold | ||
| Sold | |||
| Jan 7, 2021 | Listed by MCBRIDE REALTY GROUP LLC | $269,000 | |
| Listed by MCBRIDE REALTY GROUP LLC | |||
| Apr 21, 2015 | Sold | ||
| Sold | |||
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About St. Augustine South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017