16 BALLARD 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 2, 2025 | Price Decreased |
$620,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Sep 4, 2025 | Price Decreased |
$625,000
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Aug 12, 2025 | Price Decreased |
$650,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Jul 31, 2025 | Price Decreased |
$675,000
↓ $25K
(3.6%) | |
| Price Decreased | |||
| Jun 23, 2025 | Listed | $700,000 | |
| Listed | |||
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Welcome to Your St. Augustine Sanctuary — Fully Furnished, Turnkey, and Ready to Love! Step into one of the most charming bungalows in the heart of historic St. Augustine—where timeless character meets modern comfort. This beautifully updated 3-bedroom, 2.5-bath gem offers more than just a place to live... it offers a lifestyle. Whether you're sipping your morning coffee on the oversized front porch or unwinding in the private hot tub under the stars, this home invites you to slow down and savor every moment. Nestled among mature trees and the peaceful sounds of nature, you'll feel a world away—yet you're just minutes from the city's vibrant restaurants, parks, boutiques, and the legendary Fountain of Youth. Hop on your bike, stroll the neighborhood, or ride the trolley to explore all the magic that makes St. Augustine. Receive up to 1% credit toward closing costs with preferred lender Whether you're looking for your forever home, a second home, or an income-producing property, this one checks every box. Regular bookings can seamlessly transfer to the new owner if desiredmaking it an effortless transition into short-term rental ownership.
With plenty of room in the backyard for a pool or guesthouse, the potential here is truly endless.
Don't miss your chance to own a piece of St. Augustine charmwhere history, hospitality, and opportunity come together.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017