1305 THOMPSON BAILEY Road
About This Property
*Photo 23 is a virtually finished and staged photo of the upper level.
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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 11, 2025 | Relisted | $519,000 | |
| Relisted | |||
| Jun 28, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Listed | $519,000 | |
| Listed | |||
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Welcome to this beautifully updated 3-bedroom, 2-bathroom home nestled on 1.68 acres in desirable St. Augustine. Zoned Open Rural, the property offers flexibility for a variety of uses—bring your animals, plant a garden, park your boat or RV, add a pool, or even build an additional dwelling. Inside, the home features a bright open layout with a stunning kitchen outfitted with stainless steel appliances and quartz countertops. Both bathrooms have been tastefully renovated. Upstairs, you'll find 800+ sq ft of unfinished space with plumbing and electrical roughed in—ideal for expanding the home to suit your needs now or in the future. Major system updates include: Concrete culvert drainage system and gutters (roughly 2 years old). Well, water softener, sanitation system, water heater, ductwork, crawl space insulation, and spray foam insulation in the second story (roughly 3 years old). *Photo 21 is a virtually finished and staged.
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| Apr 1, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 17, 2025 | Relisted | $524,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017