1215 ARAPAHO Avenue
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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%.
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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.
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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 |
|---|---|---|---|
| Sep 8, 2024 | No longer available | - | |
| No longer available | |||
| Mar 21, 2024 | Listed by THE NEWCOMER GROUP | $545,000 | |
| Listed by THE NEWCOMER GROUP | |||
| Dec 5, 2023 | Sold | ||
| Sold | |||
| Mar 10, 2020 | Listed by ENDLESS SUMMER REALTY | $359,000 | |
| Listed by ENDLESS SUMMER REALTY | |||
| | |||
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Cleared 4 lots with a lot of potential. Flagler College housing ? Property ideal for either an office location, multi-family ,mixed use or potentially retail. The site just under 1/2 acre adjacent to the south of the Winn-Dixie Shopping Center at US 1 and SR 207 in between professional office buildings.The site has frontage two streets for very good access. Good location close to downtown and in between 2 heavily travelled roadways; US 1 and S. Dixie Hwy.Old office building plans under documents .Previously approved (have plans but need to re apply) for 8,000 office building Site is filled, underground stormwater and retention system in place, curbs on site. In the middle of medical complex and professional offices. There is a lot of value in improvements
| |||
| May 18, 2016 | Sold | ||
| Sold | |||
Property Highlights
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017