64
Map
18 SOLANO Avenue
About This Property
The main home flows effortlessly with 3 bdrms and 2 baths, while just steps away you'll find a newly constructed, fully functional 360sf Casita, complete with its own kitchen and full bath -- perfect for guests, extended family, rental income, or a private home office. There's a separate shed for added storage or hobby space and an unfinished attic giving options of an added bonus room/bedroom or just ample storage; possibilities galore!
Step outside and you're transported into your own tropical sanctuary. The lush backyard has mature palms and vibrant greenery, an above-ground sparkling pool surrounded by expansive composite decking. Davis Shores is an established neighborhood, in the City of St Augustine, just over the Bridge of Lions a short stroll to local
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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 |
|---|---|---|---|
| Sep 14, 2026 | Back on market | - | |
| Back on market | |||
| Sep 8, 2026 | Sold | ||
| Sold | |||
| Mar 8, 2026 | Listed by WATSON REALTY CORP | $719,000 | |
| Listed by WATSON REALTY CORP | |||
| May 30, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | Listed by NON MLS (realMLS) | $665,000 | |
| Listed by NON MLS (realMLS) | |||
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About South Davis Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017