129 ISLAND COTTAGE Way
About This Property
This small community reminds you of Key West with its charming home designs! 19x6 front porch is perfect for sitting back in your rocking chairs and visiting with your neighbors walking by. Located across the street from spectacular St. Augustine Beach where the beaches are wide and white. Enter Island Cottages community through a secure gate. Drive through the community to the back, and you will see a beautiful lake along with a refreshing community pool. Homeowner's association even takes care of your yard! This is a home where you can live a carefree, maintenance free life at the beach! Wow!
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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 23, 2020 | Sold | ||
| Sold | |||
| Jan 15, 2020 | Listed by WATSON REALTY CORP | $487,900 | |
| Listed by WATSON REALTY CORP | |||
| Sep 26, 2019 | Listed by WATSON REALTY CORP | $489,900 | |
| Listed by WATSON REALTY CORP | |||
| | |||
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BEACHSIDE COTTAGE ON ANASTASIA ISLAND offers OWNER FINANCING OR LEASE/OPTION!! This 5BR/3.5 BA home has a unique & huge open floor plan with multi-levels. Owner suite conveniently located on the first floor. Office/Den, Formal Dining Rm, Powder Room & Kitchen overlooking Great Room are also on the first floor. There's even a huge deck off of the back of the first floor with steps leading down to the alley & garage. This small community reminds you of Key West with its charming home designs! 19x6 front porch is perfect for sitting back in your rocking chairs and visiting with your neighbors walking by. Located across the street from spectacular St. Augustine Beach where the beaches are wide and white. Enter Island Cottages community through a secure gate. Drive through the community to the back, and you will see a beautiful lake along with a refreshing community pool. Homeowner's association even takes care of your yard! This is a home where you can live a carefree, maintenance free life at the beach! Wow!
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| Aug 9, 2018 | Listed by WATSON REALTY CORP | $489,900 | |
| Listed by WATSON REALTY CORP | |||
| May 3, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017