146 Lions Gate Drive
About This Property
VERY DESIRABLE LOCATION -- The MOST ELEVATED (highest) community on the island. The owner hasn't experienced any flooding vs surrounding communities on island -- SOLID CONCRETE BLOCK CONSTRUCTION -- 2/2 SINGLE FAMILY HOME w/DEN which can easily be converted to a 3RD BR -- The den has a murphy bed -- NEW ROOF installed April 2020 -- NEW HVAC (condenser/air handler). Termite bond in place -- GATED COMMUNITY -- LOW HOA $205/Month -- Tax records state 1864 LSF & 2609 TSF. The owner mentioned the 17x9 Lanai in back right of home has been enclosed/glassed-in & under air but tax records haven't been updated to reflect that. Info deemed Reliable but not Guaranteed -- Located next to 312 bridge on A1A & 1 mile to St Augustine Public Beach/Pier Located next to 312 bridge on A1A & 1 mile to St Augustine Public Beach/Pier & Anastasia State Park. 5 miles to the hospital. Just one mile from St. Augustine Beach & close to restaurants & shopping. Elegant single-family home with all the amenities of a condo in a gated island community. Your lawn & landscaping maintenance included. Community pool & clubhouse. Tiffany-style light, mirror, Stacked Washer/dryer included. TV mount in kitchen, recessed lighting, dimmers, oversized display area crowns great room. Much more!
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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 |
|---|---|---|---|
| Sep 26, 2023 | Sold | ||
| Sold | |||
| Aug 22, 2023 | Listed by Joe Sauter Realty A Name You | $430,000 | |
| Listed by Joe Sauter Realty A Name You | |||
| Aug 27, 2008 | Sold | ||
| Sold | |||
| Dec 27, 2005 | Sold | ||
| Sold | |||
| Oct 12, 2005 | Listed by Joe Sauter Realty A Name You | $383,900 | |
| Listed by Joe Sauter Realty A Name You | |||
Property Highlights
Building Info
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About St. Augustine
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017