149 PASARELA Drive
About This Property
This Colina is a 1 story home with 2612 Square feet, 3 bedrooms & 3.5 baths. The entry welcomes visitors into the foyer and flex room which can double as a home office. Two secondary bedrooms share a Jack & Jill bathroom in a private wing at the front of the home. The gathering room and dining room are both adjacent to the kitchen with views to the covered lanai. A large master suite with an elegant en-suite bath has his and hers closets. Finally, the cabana and pool bath are added to the rear of the home, accessible from the grilling porch for additional living area or a semi-private guest suite or studio.
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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 |
|---|---|---|---|
| Aug 8, 2023 | Sold | ||
| Sold | |||
| Feb 13, 2023 | Listed by GPS REALTY LLC | $875,000 | |
| Listed by GPS REALTY LLC | |||
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About St. Augustine
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Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1212672
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017