118 BRIDGE Street
About This Property
Outside, a long, extended driveway and a concrete pad ensure hassle-free parking for you and your guests. Immerse yourself in the captivating atmosphere of St. Augustine's past while enjoying the convenience of modern amenities just steps away. Don't let this opportunity pass you by; seize your chance to own a piece of St. Augustine's vibrant history. Buyer to verify details: Seller is aware of structural issues - Quotes for repairs attached.
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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 |
|---|---|---|---|
| Mar 25, 2024 | Sold | ||
| Sold | |||
| Feb 4, 2024 | Listed by LPT REALTY LLC | $475,000 | |
| Listed by LPT REALTY LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017