1393 PONCE DELEON Street
About This Property
Enter into a sweet formal living room or office space and step up to a vaulted grand living room with hand hewn beams and a massive coquina fireplace.
This home was lovingly built by a European craftsman and it shows so many touches. It needs some updating and could really benefit by adding a new kitchen and updated baths, flooring and some tlc outside.
That said, this slightly rough diamond will be a showpiece in short order. Plus its huge yard has 2 parcel ID's included in the purchase. Almost 1/2 acre with beautiful shrubs and trees, is almost unheard of on Anastasia Island New roof 2015. Walkout area on first floor would make a perfect In-law suite or Short-term rental as there is no HOA in this neighborhood.
Moments from Anastasia State Park-slip in the back gate. Close to the Amp, Lighthouse and white sand St. Augustine Beaches!!
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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 |
|---|---|---|---|
| May 30, 2023 | Sold | ||
| Sold | |||
| Apr 13, 2023 | Listed by FLORIDA HOMES REALTY & MTG LLC | $649,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017