15 Prado Avenue
About This Property
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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 |
|---|---|---|---|
| Oct 22, 2024 | No longer available | - | |
| No longer available | |||
| Sep 3, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Aug 5, 2024 | Price Decreased |
$525,000
↓ $20K
(3.7%) | |
| Price Decreased | |||
| Jun 13, 2024 | Price Decreased |
$545,000
↓ $20K
(3.5%) | |
| Price Decreased | |||
| May 21, 2024 | Listed by THE NEWCOMER GROUP | $565,000 | |
| Listed by THE NEWCOMER GROUP | |||
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Creative Financing Considered. Welcome to 15 Prado Ave! This property's unique floorplan represents an opportunity for multiple strategies: short/medium/long term rentals, house hacking (live in 1 unit, rent the other), or even multigenerational living. Located just north of historic downtown St. Augustine, this 2 bedroom/2 bath home is set up with separate upstairs and downstairs units that can be connected via a lockout door. The downstairs is the main living space and features 1 bedroom, 1 bathroom, a full kitchen, a living room, and an office/nursery space. Upstairs, you'll find another bedroom and bathroom with a dining room, living room, balcony, and kitchenette. The home will convey fully furnished should the next owner wish to offer the home as a furnished rental. Outside, you'll find ample parking, low-maintenance landscaping/hardscaping, and a golf cart garage as well! Call your agent to schedule a showing today!
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Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About St. Augustine
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,500 /mo
- 2 Beds
- 2 Baths
- 2,223 ft²
$1,200 /mo
- 1 Bed
- 1 Bath
- 264 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017