16 ENCANTO Way
About This Property
Located off SR-207, Entrada is zoned for top-rated St. Johns County Schools and is minutes away from excellent shopping and dining.
Highlights Include:
-Wide, spacious home sites
-Home sites with lake or preserve views
-Located near the historic St Augustine area and outlet malls
-New pool, community center, and tot lot coming soon
-Highly Rated St. Johns School District
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 28, 2024 | Sold | ||
| Sold | |||
| Jan 21, 2024 | No longer available | - | |
| No longer available | |||
| Jan 14, 2024 | Price Decreased |
$355,660
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Jan 8, 2024 | Price Decreased |
$360,990
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Dec 30, 2023 | Price Decreased |
$365,990
↓ $5K
(1.4%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017