120 ISLAND COTTAGE Way
About This Property
All of this offered with the premium concrete block construction, metal roof, hardy board siding and not to mention the incredibly well engineered drainage system and large retention area in the neighborhood. Flood Zone X. There was no flooding in any hurricane and all of the homes are above 13 foot in elevation. This home also comes with a 1-Year 210-Home Warranty. Does it get any better than this on the beach? See this hidden gem for yourself.
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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 |
|---|---|---|---|
| Jul 26, 2021 | Sold | ||
| Sold | |||
| Jul 23, 2021 | No longer available | - | |
| No longer available | |||
| Jun 16, 2021 | Listed by Keller Williams St Augustine | $629,500 | |
| Listed by Keller Williams St Augustine | |||
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Celebrate Life To The Fullest In This Quiet Gated Beach Community. Close To Shopping Restaurants And The Beach. Island Cottages Is A Small,Quaint Gated Community Of Only 23 Picket-fenced Homes,All With Rear Entry Garages And Alleys. Maintenance-free Lawns And Landscaping,Gated Security And A Beautifully Maintained Community Pool. Everything You Need For The Ultimate Florida Lifestyle And More. The Moment You Enter This House You Will Feel At Home. Enter By Way Of A Grand Island Style Porch And Enjoy The Open Floor Plan Of A Large Living And Dining Area Along With A Spacious,Stainless Steel Applianced Kitchen To Prepare All Of Your Wonderful Meals. This Is All Enjoyed Through The Natural Light Of The Abundant Windows,10 Ft. Ceilings And Beautiful Pecan Wood Flooring Throughout The Entire Home. The Spacious First Floor Master Bedroom With Its Well Appointed Bath And Closet Can Also Be Enjoyed With The Abundant Natural Light.,The Second Floor Offers An Incredible Amount Of Living Space Offering A Generous Flex Room For Exercise Or Reading (fourth Bedroom),A Large Open Area For Living,Large Main Bath And Two Large Bedrooms Each With Its Own Access To The Second Floor Porch Area Via French Doors. All Of This Offered With The Premium Concrete Block Construction,Metal Roof,Hardy Board Siding And Not To Mention The Incredibly Well Engineered Drainage System And Large Retention Area In The Neighborhood. Flood Zone X. There Was No Flooding In Any Hurricane And All Of The Homes Are Above 13 Foot In Elevation. This Home Also Comes With A 1-year 210 Home Warranty. Does It Get Any Better Than This On The Beach? See This Hidden Gem For Yourself. The manager has listed the unit size as 2547 square feet.
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| Jun 2, 2021 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | $629,500 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | |||
| Jan 19, 2019 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | $485,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | |||
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Quiet, gated and close to all you would ever want in a beach community. Wow...
say all that in one breath! Island Cottages is a small, quaint gated community of only 23 picket-fenced homes, all with rear entry garages and alleys. Maintenance-free lawns and landscaping, gated security and a beautifully maintained community pool. Everything you need for the ultimate Florida lifestyle and more.
The moment you enter this house you will feel at home.
Enter this home by way of a grand Island Style porch and enjoy the open floor plan of a large living and dining area along with a spacious, stainless steel applianced kitchen to prepare all of your wonderful meals. This is all enjoyed through the natural light of the abundant windows, 10 ft. ceilings and beautiful wood flooring throughout the entire home.The spacious first floor Master Bedroom with its well appointed bath and closet can also be enjoyed with the abundant natural light.
The second floor offers an incredible amount of living space offering a generous flex room for exercise or reading (fourth bedroom), a large open area for living, large main bath and two large bedrooms each with its own access to the second floor porch area via French doors.
All of this offered with the premium concrete block construction, metal roof, hardy board siding and not to mention the incredibly well engineered drainage system and large retention area in the neighborhood. Flood Zone X. There were no damages in any hurricane and all of the homes are above 13 foot in elevation. Does it get any better than this on the beach? See this hidden gem for yourself.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017