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119 MENENDEZ ROAD
About This Property
This 4-bedroom, 2-bath home is designed with flexibility in mind, featuring an open-concept living, dining, and kitchen area that comfortably accommodates gatherings and guest stays. The fourth bedroom offers the option for a bonus room, game room, or additional sleeping space, enhancing overall functionality and appeal.
The outdoor living space is where this home truly shines. A large screened porch overlooks a fully fenced backyard complete with an above-ground pool and hot tub-creating the ideal setting for relaxing, entertaining, or extending guest enjoyment beyond the interior.
Recent updates include a metal roof, refinished hardwood floors, a 2024 tankless water heater, and a 2022 HVAC system, offering peace of mind and added value.
Offered fully furnished, this property is ready for immediate use or income potential in one of St. Augustine's most desirable island communities.
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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 |
|---|---|---|---|
| Jun 11, 2026 | Price Decreased |
$644,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Mar 26, 2026 | Listed by ENDLESS SUMMER REALTY | $649,000 | |
| Listed by ENDLESS SUMMER REALTY | |||
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Price Decreased |
$574,750
↓ $10K
(1.7%) | |
| Price Decreased | |||
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About South Davis Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017