2 7TH Street
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 |
|---|---|---|---|
| Sep 1, 2017 | Sold | ||
| Sold | |||
| Jul 2, 2017 | Listed | $1,690,000 | |
| Listed | |||
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The Opportunity Of A Lifetime! This Oceanfront 4 Bedroom,3.5 Bath Home Must Be Seen To Be Appreciated. The Property Consists Of 100' Directly Facing The Atlantic Ocean And A Non-driving Section Of St. Augustine Beach. The Rear Of The Property Is Walled In Creating An Courtyard Oasis Featuring A Newly Installed Heated Pool,Out Door Shower,Large Covered Patio And Best Of All,Access To The Roof Top Deck And Pergola Where You Can Take In The Panoramic View For Miles.,Every Space Of The Interior Has Been Improved Since 2014. Improvements Include,New Roof,New Heated Pool,Connection To Sewer,Upgraded Electric To 400 Amp Service; Tank-less Water Heater And Roof Top Deck. In Addition There Are Roll Up Hurricane Shutters A 2 Car Garage Attached By A Breezeway. The Master Suite Features A Unique No Step Shower And A Huge Walk In Closet With Built In Drawers. There Is A Second Master Suite On The Other End Of The Home,A Formal Dining Room And A Large Coquina Fire Place. The Back Yard Also Features A Fire Pit And Patio And Large Porch With Built In Seating That Can Be Accessed From Three Of The Bedrooms. Once You Are Here You Won't Want To Leave Home!The manager has listed the unit size as 3236 square feet.
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| May 26, 2017 | Listed by SUNSHINE REALTY & VACATION RENTALS, LLC | $1,690,000 | |
| Listed by SUNSHINE REALTY & VACATION RENTALS, LLC | |||
| May 14, 2013 | Sold | ||
| Sold | |||
| Mar 9, 2013 | Listed by SUNSHINE REALTY & VACATION RENTALS, LLC | $995,000 | |
| Listed by SUNSHINE REALTY & VACATION RENTALS, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017