16 12th Street Unit A #A
About This Property
The manager has listed the unit size as 1575 square feet.
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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 7, 2019 | Sold | ||
| Sold | |||
| Aug 7, 2019 | Listed | $410,000 | |
| Listed | |||
| | |||
|
Walk to incredible lifestyle activities without ever putting shoes on or crossing a street! Beachside condo in the heart of St. Augustine Beach which boasts a top rated beach, unique restaurants, fishing pier, splash park, weekly farmers market, live music, and borders a pristine State Park. But let's talk about the home, shall we? With just three units in each one of only two buildings, it feels like a townhome but lives like a condo. In other words, life is maintenance-free. Never mow a blade of grass or pull a weed. Everything on the outside is completely taken care of by someone else! On the inside, spaces are light and open with plenty of room for all of the long lost family members and new friends you will gain by living 500' away from the sand. All living and entertaining space is on the ground floor. Enormous kitchen with dining area and a family room leading out to a covered lanai for evening gatherings. Upstairs you will find three restful bedrooms and two bathrooms, each with a jetted tub. Relax, open the windows, settle in, listen to the ocean waves and wake up to find that all of your dreams have come true. You are at the beach!
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| Aug 3, 2019 | No longer available | - | |
| No longer available | |||
| Jul 12, 2019 | Price Decreased |
$399,900
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Jul 4, 2019 | Price Decreased |
$409,900
↓ $9K
(2.2%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/07/2019
|
3 Bed
|
3 Bath
|
1565 ft²
|
$410,000
3 Bed
3 Bath
1565 ft²
|
$406,000
-0.98%
09/27/2019
|
Melissa Ott
Berkshire Hathaway Homeservices Florida Network Realty
| |
|
01/19/2019
|
3 Bed
|
3 Bath
|
1575 ft²
|
$449,000
3 Bed
3 Bath
1575 ft²
|
$406,000
-9.58%
10/07/2019
|
Deborah Krantz
| |
|
05/24/2010
|
3 Bed
|
3 Bath
|
1500 ft²
|
$207,000
3 Bed
3 Bath
1500 ft²
|
$190,000
-8.21%
07/30/2010
|
Wendy Sawyer
Prime Real Estate Company
| |
|
11/08/2006
| |
3 Bed
|
3 Bath
|
1520 ft²
|
$419,000
3 Bed
3 Bath
1520 ft²
|
$403,000
-3.82%
12/28/2006
|
CAROL ANN BENJAMIN
LIGHTHOUSE REALTY ASSOCIATES
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017