1455 SPRING Street
About This Property
Situated in close proximity to Historic Downtown St. Augustine, this property places you just a short bike ride away from the myriad attractions and delights of this enchanting city. Step inside this classic St. Augustine cottage and be greeted by an open floor plan with vaulted ceilings. Fully-equipped kitchen, complete with granite countertops, soft-close shaker cabinets, Whirlpool appliances, and vinyl plank flooring throughout. Designed with sustainability in mind, this property offers the latest "green" standards, boasting energy-efficient low-e vinyl windows and an on-demand hot water heater. The exterior has been crafted to withstand the elements, showcasing hardy plank siding, a durable metal roof, and a high pier and beam foundation. When it comes to quality construction, exceptional design, and a coveted location near Historic Downtown St. Augustine, this property represents an unparalleled value proposition. Don't miss your chance to own this quintessential St. Augustine abode, offering both contemporary comfort and timeless allure.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 8, 2023 | Sold | ||
| Sold | |||
| Jul 21, 2023 | Listed by ENDLESS SUMMER REALTY | $439,000 | |
| Listed by ENDLESS SUMMER REALTY | |||
| Oct 1, 2018 | Sold | ||
| Sold | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jun 15, 2018 | Listed by ENDLESS SUMMER REALTY | $220,000 | |
| Listed by ENDLESS SUMMER REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017