193 SPANISH MARSH Drive
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 |
|---|---|---|---|
| Nov 18, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Price Decreased |
$1,440,000
↓ $10K
(0.7%) | |
| Price Decreased | |||
| Jun 16, 2024 | Listed by REALTY ONE GROUP ELEVATE | $1,450,000 | |
| Listed by REALTY ONE GROUP ELEVATE | |||
| | |||
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Welcome to the prestigious Palencia community in beautiful St. Augustine, Florida. This exclusive, gated golf course paradise offers a lifestyle of unparalleled luxury. Nestled within this elite enclave is a stunning 4,500 square foot pool home, featuring 5 bedrooms, 3 full bathrooms, and 2 half bathrooms. Step inside to discover elegant living spaces designed for both comfort and sophistication. The open floor plan seamlessly connects a gourmet kitchen, equipped with high-end appliances, to the inviting living and dining areas. The luxurious primary suite boasts a spa-like bathroom providing the perfect retreat. A first floor office is ideally located. Upstairs boasts four additional bedrooms, two bathrooms and two generous bonus rooms with a balcony overlooking the private sanctuary. The gorgeous heated, salt water pool, surrounded by lush landscaping and a spacious outdoor kitchen, is perfect for entertaining or simply unwinding in the Florida sunshine. Don't fret during hurricane season, there is a whole house generator! Enjoy world-class amenities within the Palencia community, including the championship golf course, clubhouse, fitness center, and miles of scenic trails. Experience where luxury meets lifestyle in Palencia. Contact us today to schedule your private tour of this extraordinary home.
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| Aug 25, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017