21 SANCHEZ Avenue
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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%.
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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.
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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 |
|---|---|---|---|
| Jan 13, 2026 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Sep 10, 2025 | Listed by KELLER WILLIAMS ST JOHNS | $599,000 | |
| Listed by KELLER WILLIAMS ST JOHNS | |||
| Dec 19, 2024 | Price Decreased |
$605,000
↓ $14K
(2.3%) | |
| Price Decreased | |||
| Aug 26, 2024 | Listed | $619,000 | |
| Listed | |||
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Looking for a unicorn? You found it! This original 1885 cottage with accessory dwelling is located on a commercially zoned lot in Historic St. Augustine w/ a 15-minute walk to the Historic District or quick drive to local beaches. The property provides an opportunity for owner occupancy with a mother-in-law suite that includes a full bath, laundry center, and kitchenette. The 2 living spaces are connected by a common door for flexibility in various living arrangements.
Currently used as a 5 star Airbnb, this craftsman-style cottage, once crew quarters for the Florida East Coast Railway has been meticulously designed & recently renovated. It has hardwood floors & stained-glass transoms above the bedroom doors. Both the 2-bed, 1-bath main cottage & the 1-bed, 1-bath accessory dwelling have their own washer/dryer, fridge, & their own A/C systems.The sellers are offering it turn-key and $5000 in closing concessions with an acceptable offer.
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About St. Augustine
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Currently no similar homes aroundNearby Rentals
$2,600 /mo
- 3 Beds
- 3 Baths
- 2,000 ft²
$2,500 /mo
- 2 Beds
- 1 Bath
- 746 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017